Goodbody Stockbrokers Ltd Reaffirms Buy Rating for Tullow Oil plc (TLW)
Tullow Oil plc (LON:TLW) opened at 720.55 on Friday. Tullow Oil plc has a one year low of GBX 699.00 and a one year high of GBX 1089.00. The stock’s 50-day moving average is GBX 225.9 and its 200-day moving average is GBX 433.8. The company’s market cap is £6.558 billion.
The company also recently announced a dividend, which is scheduled for Friday, October 3rd. Investors of record on Wednesday, August 27th will be paid a dividend of GBX 4 ($0.07) per share. This represents a dividend yield of 0.53%. The ex-dividend date is Wednesday, August 27th.
Several other analysts have also recently commented on the stock. Analysts at FirstEnergy Capital reiterated an “outperform” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 1,170 ($19.42) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 930 ($15.43) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Tullow Oil plc in a research note on Friday. They now have a GBX 1,125 ($18.67) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eighteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 1,031.77 ($17.12).
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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