Tullow Oil plc Receives Average Recommendation of “Buy” from Brokerages (LON:TLW)
Shares of Tullow Oil plc (LON:TLW) have earned a consensus rating of “Buy” from the thirty ratings firms that are currently covering the stock, Analyst RN reports. One analyst has rated the stock with a sell rating, eleven have given a hold rating and eighteen have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 1,059.01 ($17.82).
A number of research firms have recently commented on TLW. 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 723.00 on Monday. Tullow Oil plc has a 1-year low of GBX 717.50 and a 1-year high of GBX 1089.00. The stock has a 50-day moving average of GBX 332.5 and a 200-day moving average of GBX 483.1. The company’s market cap is £6.581 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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