Tullow Oil (LON:TLW)‘s stock had its “hold” rating restated by research analysts at Societe Generale in a report released on Thursday, StockRatingsNetwork reports. They currently have a GBX 975 ($15.96) price target on the stock. Societe Generale’s price objective would indicate a potential upside of 13.50% from the company’s current price.
Shares of Tullow Oil (LON:TLW) opened at 882.00 on Thursday. Tullow Oil has a 1-year low of GBX 844.50 and a 1-year high of GBX 1313.896. The stock has a 50-day moving average of GBX 398.3 and a 200-day moving average of GBX 614.1. The company’s market cap is £8.008 billion.
TLW has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Tullow Oil in a research note to investors on Monday. They now have a GBX 1,525 ($24.97) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of Tullow Oil in a research note to investors on Thursday, November 28th. They now have a GBX 925 ($15.14) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Tullow Oil in a research note to investors on Monday, November 25th. They now have a GBX 1,205 ($19.73) price target on the stock. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,240.60 ($20.31).
Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.
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