Tullow Oil plc (TLW) Receives Consensus


Shares of Tullow Oil plc (LON:TLW) have earned an average recommendation of “Hold” from the twenty-three ratings firms that are presently covering the company. Four equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 263.36 ($3.25).


A number of equities research analysts have weighed in on TLW shares. Barclays PLC upped their target price on Tullow Oil plc from GBX 365 ($4.51) to GBX 375 ($4.63) and gave the stock a ” overweight” rating in a research report on Thursday, January 12th. Numis Securities Ltd upgraded Tullow Oil plc to an “add” rating and upped their target price for the stock from GBX 270 ($3.33) to GBX 285 ($3.52) in a research report on Friday, March 10th. Jefferies Group LLC upgraded Tullow Oil plc to a “buy” rating and upped their target price for the stock from GBX 260 ($3.21) to GBX 340 ($4.20) in a research report on Monday, February 20th. AlphaValue restated a “buy” rating and issued a GBX 308 ($3.80) target price on shares of Tullow Oil plc in a research report on Friday, March 17th. Finally, Deutsche Bank AG upgraded Tullow Oil plc to a “buy” rating and cut their target price for the stock from GBX 330 ($4.08) to GBX 270 ($3.33) in a research report on Tuesday.


Tullow Oil plc (LON:TLW) opened at 201.40 on Wednesday. Tullow Oil plc has a one year low of GBX 181.10 and a one year high of GBX 352.10. The company has a 50-day moving average price of GBX 265.74 and a 200-day moving average price of GBX 275.12. The firm’s market cap is GBX 1.84 billion.

In related news, insider Paul McDade purchased 178 shares of the company’s stock in a transaction dated Thursday, January 5th. The shares were acquired at an average cost of GBX 253 ($3.12) per share, with a total value of £450.34 ($556.18).


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Tullow Oil plc Company Profile

Tullow Oil plc is an independent oil and gas exploration and production company. The Company is focused on finding and monetizing oil in Africa and the Atlantic Margins. Its activities include targeted exploration and appraisal, selective development projects and growing its West Africa oil production.

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