Tullow Oil plc (LON:TLW)‘s stock had its “buy” rating reiterated by equities researchers at Whitman Howard in a research report issued on Friday.

TLW has been the subject of a number of other reports. Macquarie cut their price target on shares of Tullow Oil plc from GBX 355 ($4.62) to GBX 280 ($3.64) and set an “outperform” rating for the company in a report on Tuesday. Canaccord Genuity cut their price target on shares of Tullow Oil plc from GBX 210 ($2.73) to GBX 200 ($2.60) and set a “hold” rating for the company in a report on Thursday, May 18th. Deutsche Bank AG cut their price target on shares of Tullow Oil plc from GBX 270 ($3.51) to GBX 260 ($3.38) and set a “buy” rating for the company in a report on Thursday, May 18th. Jefferies Group LLC cut their price target on shares of Tullow Oil plc from GBX 270 ($3.51) to GBX 250 ($3.25) and set a “buy” rating for the company in a report on Wednesday, May 17th. Finally, JPMorgan Chase & Co. cut their price target on shares of Tullow Oil plc from GBX 270 ($3.51) to GBX 245 ($3.19) and set an “overweight” rating for the company in a report on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 256.03 ($3.33).

Analyst Recommendations for Tullow Oil plc (LON:TLW)

Shares of Tullow Oil plc (LON:TLW) traded down 1.80% during mid-day trading on Friday, hitting GBX 201.50. 13,167,241 shares of the stock traded hands. The stock’s market cap is GBX 1.84 billion. The firm’s 50 day moving average price is GBX 210.79 and its 200-day moving average price is GBX 257.78. Tullow Oil plc has a 12-month low of GBX 154.23 and a 12-month high of GBX 299.86.

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In other news, insider Ian Springett acquired 206 shares of the company’s stock in a transaction that occurred on Wednesday, April 26th. The shares were purchased at an average price of GBX 218 ($2.84) per share, for a total transaction of £449.08 ($584.21).

About Tullow Oil plc

Tullow Oil plc is an independent oil and gas exploration and production company. The Company’s primary activity is the discovery and production of oil and gas. Its segments include West Africa; East Africa, and New Ventures. The West Africa Business focuses on its production and development projects in West Africa and Europe.

12 Month Chart for LON:TLW

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