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Beaufort Securities retained Tullow Oil PLC (LON:TLW) to Speculative Buy in a statement released earlier today.

Yesterday Tullow Oil PLC (LON:TLW) traded 5.41% higher at 253.05GBX. TLW’s 50-day average is 227.39GBX and its two hundred day average is 228.22GBX. With the last close up 8.56% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 13,676,776 shares of the stock traded hands, up from an average trading volume of 7,251,700

Beaufort Securities has retained Tullow Oil PLC (LON:TLW) to Speculative Buy in a report released on 10/03/2016.

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Tullow Oil PLC (LON:TLW)

Tullow Oil PLC has 52 week low of 116.26GBX and a 52 week high of 290.40GBX and has a market capitalization of 0 GBX.

In addition to Beaufort Securities reporting its target price, a total of 25 firms have reported on the stock. The consensus target price 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 four equity analysts rating the company a sell.

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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