Tullow Oil plc (LON:TLW)‘s stock had its “buy” rating reaffirmed by equities researchers at Whitman Howard in a note issued to investors on Friday.
Several other equities analysts have also recently weighed in on TLW. Jefferies Group LLC boosted their price objective on Tullow Oil plc from GBX 155 ($2.04) to GBX 175 ($2.30) and gave the stock an “underperform” rating in a research report on Thursday, November 9th. Barclays PLC reissued an “overweight” rating on shares of Tullow Oil plc in a research report on Wednesday. Royal Bank Of Canada raised Tullow Oil plc to an “outperform” rating and boosted their price objective for the stock from GBX 200 ($2.63) to GBX 260 ($3.42) in a research report on Tuesday, September 26th. Deutsche Bank AG boosted their price objective on Tullow Oil plc from GBX 210 ($2.76) to GBX 225 ($2.96) and gave the stock a “buy” rating in a research report on Thursday, November 9th. Finally, Credit Suisse Group boosted their price objective on Tullow Oil plc from GBX 205 ($2.70) to GBX 240 ($3.16) and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. Tullow Oil plc currently has a consensus rating of “Hold” and an average price target of GBX 229.20 ($3.01).
Tullow Oil plc (TLW) opened at GBX 172.90 ($2.27) on Friday. Tullow Oil plc has a 12-month low of GBX 142.30 ($1.87) and a 12-month high of GBX 299.86 ($3.94).
In other Tullow Oil plc news, insider Les Wood purchased 299 shares of the firm’s stock in a transaction that occurred on Thursday, October 5th. The shares were acquired at an average cost of GBX 151 ($1.99) per share, for a total transaction of £451.49 ($593.83).
Tullow Oil plc Company Profile
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.
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