Tullow Oil plc Stock Rating Reaffirmed by Deutsche Bank (TLW)
Tullow Oil plc (LON:TLW)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Friday. They currently have a GBX 885 ($14.65) target price on the stock. Deutsche Bank’s price target points to a potential upside of 21.07% from the company’s current price.
TLW has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of Tullow Oil plc in a research note on Thursday. They now have a GBX 930 ($15.39) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Tullow Oil plc in a research note on Thursday. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Tullow Oil plc in a research note on Wednesday. They now have a GBX 752 ($12.44) price target on the stock. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eighteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 1,042.47 ($17.25).
Tullow Oil plc (LON:TLW) traded down 1.37% on Friday, hitting GBX 721.00. 858,011 shares of the company’s stock traded hands. Tullow Oil plc has a 1-year low of GBX 699.00 and a 1-year high of GBX 1089.00. The stock has a 50-day moving average of GBX 229.3 and a 200-day moving average of GBX 440.1. The company’s market cap is £6.563 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Shareholders 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.