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Barclays Capital reiterated Tullow Oil PLC (LON:TLW) to Overweight in a report released today.

Barclays Capital has reiterated Tullow Oil PLC (LON:TLW) to Overweight in a report released on 11/14/2017.

Previously on Thursday November 09, 2017, JP Morgan Cazenove reported on Tullow Oil PLC (LON:TLW) held steady the target price at 245.00GBX. At the time, this indicated a possible upside of 0.24%.

Just yesterday Tullow Oil PLC (LON:TLW) traded 1.09% higher at 195.00GBX. Tullow Oil PLC’s 50-day moving average is 174.53GBX and its 200-day moving average is 178.51GBX. The last closing price is up 3.91% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 255,421 shares of TLW traded hands, down from an average trading volume of 11,165,900

Recent Performance Chart

Tullow Oil PLC (LON:TLW)

Tullow Oil PLC has 52 week low of 142.30GBX and a 52 week high of 299.86GBX and has a market capitalization of 0 GBX.

In addition to Barclays Capital reporting its stock price target, a total of 25 brokers have issued a research note on the company. The average stock price target is 3.42GBX with 3 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 11 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 4 brokers rating the stock a sell.

Brief Synopsis On Tullow Oil PLC (LON:TLW)

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. The business includes its operated asset, the Jubilee field in Ghana, the TEN Project and a portfolio of non-operated production assets in approximately five countries across the region. The East Africa Business is focused on exploration activity across the Company's acreage position in Kenya. The New Ventures Business is focused on its frontier exploration and appraisal activity across Africa and South America. It manages its New Ventures portfolio through both license acquisitions and farm downs of existing acreage. Its activities include targeted exploration and appraisal, and selective development projects. It has operations in Africa and South America.

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