Tullow Oil plc Receives “Add” Rating from Oriel Securities Ltd (TLW)
Tullow Oil plc (LON:TLW) traded down 1.11% on Wednesday, hitting GBX 755.50. The stock had a trading volume of 1,448,318 shares. Tullow Oil plc has a 52-week low of GBX 736.00 and a 52-week high of GBX 1089.00. The stock has a 50-day moving average of GBX 535.8 and a 200-day moving average of GBX 677.. The company’s market cap is £6.865 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Stockholders of record on Wednesday, August 27th will be given a dividend of GBX 4 ($0.07) per share. This represents a yield of 0.53%. The ex-dividend date of this dividend is Wednesday, August 27th.
TLW has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 950 ($16.13) price target on the stock. Separately, 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 910 ($15.45) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Friday, July 25th. They now have a GBX 865 ($14.69) price target on the stock. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nineteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,077.75 ($18.30).
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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