Brokerages Set Tullow Oil plc (TLW) PT at $224.19

Tullow Oil plc (LON:TLW) has received a consensus recommendation of “Hold” from the twenty-one research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 224.19 ($2.95).

Several brokerages recently issued reports on TLW. Barclays PLC restated an “overweight” rating and set a GBX 210 ($2.76) price objective on shares of Tullow Oil plc in a research note on Friday, July 28th. Macquarie restated an “outperform” rating and set a GBX 245 ($3.22) price objective on shares of Tullow Oil plc in a research note on Tuesday, September 12th. Credit Suisse Group upgraded Tullow Oil plc to an “outperform” rating and raised their price objective for the stock from GBX 205 ($2.70) to GBX 210 ($2.76) in a research note on Tuesday, September 19th. Jefferies Group LLC restated a “buy” rating and set a GBX 250 ($3.29) price objective on shares of Tullow Oil plc in a research note on Wednesday, July 5th. Finally, Deutsche Bank AG reduced their price objective on Tullow Oil plc from GBX 260 ($3.42) to GBX 200 ($2.63) and set a “buy” rating on the stock in a research note on Thursday, July 6th.

Shares of Tullow Oil plc (LON:TLW) traded down 1.98% during trading on Wednesday, hitting GBX 178.50. 6,157,963 shares of the stock were exchanged. Tullow Oil plc has a 12-month low of GBX 142.30 and a 12-month high of GBX 299.86. The company’s market cap is GBX 2.19 billion. The firm has a 50 day moving average of GBX 168.04 and a 200-day moving average of GBX 178.48.

TRADEMARK VIOLATION NOTICE: This report was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another site, it was stolen and republished in violation of US & international trademark & copyright law. The original version of this report can be accessed at https://ledgergazette.com/2017/10/09/brokerages-set-tullow-oil-plc-tlw-pt-at-224-19.html.

In other news, insider Les Wood bought 299 shares of the firm’s stock in a

Several brokerages recently issued reports on TLW. Barclays PLC restated an “overweight” rating and set a GBX 210 ($2.76) price objective on shares of Tullow Oil plc in a research note on Friday, July 28th. Macquarie restated an “outperform” rating and set a GBX 245 ($3.22) price objective on shares of Tullow Oil plc in a research note on Tuesday, September 12th. Credit Suisse Group upgraded Tullow Oil plc to an “outperform” rating and raised their price objective for the stock from GBX 205 ($2.70) to GBX 210 ($2.76) in a research note on Tuesday, September 19th. Jefferies Group LLC restated a “buy” rating and set a GBX 250 ($3.29) price objective on shares of Tullow Oil plc in a research note on Wednesday, July 5th. Finally, Deutsche Bank AG reduced their price objective on Tullow Oil plc from GBX 260 ($3.42) to GBX 200 ($2.63) and set a “buy” rating on the stock in a research note on Thursday, July 6th.

Shares of Tullow Oil plc (LON:TLW) traded down 1.98% during trading on Wednesday, hitting GBX 178.50. 6,157,963 shares of the stock were exchanged. Tullow Oil plc has a 12-month low of GBX 142.30 and a 12-month high of GBX 299.86. The company’s market cap is GBX 2.19 billion. The firm has a 50 day moving average of GBX 168.04 and a 200-day moving average of GBX 178.48.

TRADEMARK VIOLATION NOTICE: This report was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another site, it was stolen and republished in violation of US & international trademark & copyright law. The original version of this report can be accessed at https://ledgergazette.com/2017/10/09/brokerages-set-tullow-oil-plc-tlw-pt-at-224-19.html.

In other news, insider Les Wood bought 299 shares of the firm’s stock in a transaction that occurred on Thursday, October 5th. The stock was acquired at an average price of GBX 151 ($1.99) per share, with a total value of £451.49 ($593.60).

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.

Analyst Recommendations for Tullow Oil plc (LON:TLW)

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