Tullow Oil plc Stock Rating Reaffirmed by Sanford C. Bernstein (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “outperform” rating reiterated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,450 ($24.70) target price on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 70.69% from the company’s current price.
Shares of Tullow Oil plc (LON:TLW) traded down 0.64% on Wednesday, hitting GBX 849.50. The stock had a trading volume of 3,165,507 shares. Tullow Oil plc has a 52 week low of GBX 736.00 and a 52 week high of GBX 1127.00. The stock’s 50-day moving average is GBX 501.4 and its 200-day moving average is GBX 532.7. The company’s market cap is £7.720 billion.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Tullow Oil plc in a research note on Wednesday. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 960 ($16.35) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Tullow Oil plc in a research note on Monday. They now have a GBX 945 ($16.10) price target on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nineteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 1,096.47 ($18.68).
Tullow Oil plc (LON:TLW) is an United Kingdom -based company engaged in oil and gas exploration, development and production and the sale of hydrocarbons and related activities.
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