FirstEnergy Capital covered Tullow Oil PLC (LON:TLW), renewing its target at 250.00GBX today
- Updated: September 22, 2016
Yesterday Tullow Oil PLC (LON:TLW) traded 0.79% higher at 230.00GBX. The company’s 50-day moving average is 223.46GBX and its 200-day moving average is 227.52GBX. The last stock close price is up 1.05% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,467,906 shares of the stock were exchanged, down from an average trading volume of 7,177,440
Tullow Oil PLC (LON:TLW) had its target price hold steady to 250.00GBX by FirstEnergy Capital in a report released 9/23/2016. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.
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Tullow Oil PLC has a 52 week low of 116.26GBX and a 52 week high of 290.40GBX The company’s market cap is currently 0 GBX.
In addition to FirstEnergy Capital reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is 3.42GBX with 3 firms rating the stock a strong buy, 9 firms rating the stock a buy, 11 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 4 firms rating the stock a sell.
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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