Macquarie Reaffirms underperform Rating on Tullow Oil (TLW)
Tullow Oil (LON: TLW)‘s stock had its “underperform” rating restated by analysts at Macquarie in a research report issued to clients and investors on Thursday. They currently have a $17.18 (1075 GBX) price target on the stock.
A number of other firms have also recently commented on TLW. Analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of Tullow Oil in a research note to investors on Wednesday, October 31st. They now have a $24.12 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Tullow Oil in a research note to investors on Tuesday, October 16th. They now have a $19.29 price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Tullow Oil in a research note to investors on Monday, October 8th. They now have a $25.65 price target on the stock.
Tullow Oil opened at 1413.00 on Thursday. Tullow Oil has a 1-year low of GBX 1225.00 and a 1-year high of GBX 1611.00. The company’s market cap is £12.805 billion.
Tullow Oil plc (Tullow) is an independent oil and gas exploration and production company. The Company is engaged in oil and gas exploration, development and production and the sale of hydrocarbons and related activities.
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