A statement released earlier today by Jefferies International about Tullow Oil PLC (LON:TLW) maintains the target price at 175.00GBX
- Updated: October 2, 2016
Jefferies International hold steady the target of Tullow Oil PLC (LON:TLW) at 175.00GBX stating a potential downside of -0.26%.
Boasting a price of 237.00GBX, Tullow Oil PLC (LON:TLW) traded 5.41% higher on the day. With the last stock price close up 8.56% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Tullow Oil PLC has recorded a 50-day average of 227.39GBX and a two hundred day average of 228.22GBX. Volume of trade was up over the average, with 13,676,776 shares of TLW changing hands over the typical 7,251,700
With a total market value of 0 GBX, Tullow Oil PLC has with a one year low of 116.26GBX and a one year high of 290.40GBX .
A total of 25 equity analysts have released a ratings update on TLW. Three equity analysts rating the company a strong buy, nine equity analysts rating the company a buy, eleven equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally four equity analysts rating the company a sell with a one year target of 3.42GBX.
Brief Synopsis About Tullow Oil PLC (LON:TLW)
Tullow Oil plc is an independent oil and gas exploration and production company. The Company focuses on finding and monetizing oil in Africa and the Atlantic Margins. The Company operates through segments, including West Africa, East Africa and New Ventures. It has a portfolio of approximately 120 licenses across over 20 countries, which are managed under West Africa Business, East Africa Business and New Ventures Business. It has a portfolio of exploration and production assets in Africa, Latin America, the Caribbean and Europe. The West Africa Business focuses on its production and development projects in West Africa and Europe. The East Africa Business has an onshore acreage position in Uganda and Kenya. The New Ventures Business is responsible for the Company's frontier exploration and appraisal activity across Africa and Latin America. The West Africa business includes the TEN Project, which is its offshore development in Ghana, and a portfolio of non-operated production assets.
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