Tullow Oil plc Given Average Recommendation of “Buy” by Analysts (LON:TLW)
Shares of Tullow Oil plc (LON:TLW) have earned a consensus recommendation of “Buy” from the thirty analysts that are currently covering the stock, AnalystRatings.NET reports. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eighteen have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,059.01 ($17.82).
TLW has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Wednesday, July 30th. They now have a GBX 825 ($13.88) price target on the stock. Separately, analysts at Westhouse Securities cut their price target on shares of Tullow Oil plc from GBX 960 ($16.15) to GBX 930 ($15.65) in a research note on Wednesday, July 30th. They now have an “add” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Tullow Oil plc in a research note on Wednesday, July 30th.
Tullow Oil plc (LON:TLW) opened at 727.50 on Monday. Tullow Oil plc has a 52 week low of GBX 724.50 and a 52 week high of GBX 1089.00. The stock’s 50-day moving average is GBX 489.9 and its 200-day moving average is GBX 668.. The company’s market cap is £6.622 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Investors 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.
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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