Jefferies International issued a report on Tullow Oil PLC (LON:TLW), bumping down its price target to 270.00GBX earlier today
- Updated: March 20, 2017
Having a price of 213.50GBX, Tullow Oil PLC (LON:TLW) traded -2.37% lower on the day. With the last close down -28.24% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Tullow Oil PLC has recorded a 50-day average of 267.46GBX and a two hundred day average of 275.22GBX. Volume of trade was up over the average, with 20,957,200 shares of TLW changing hands over the typical 7,418,550
Stating a potential upside of 0.26%, Jefferies International dropped the price target of Tullow Oil PLC (LON:TLW) to 270.00GBX
On 03/17/2017, AlphaValue released a statement on Tullow Oil PLC (LON:TLW) maintained the target price at 308.00GBX that suggested an upside of 0.54%.
With a total market value of 0 GBX, Tullow Oil PLC has with a one year low of 181.10GBX and a one year high of 352.10GBX .
A total of 25 analysts have released a research note on Tullow Oil PLC. Three analysts rating the company a strong buy, nine analysts rating the company a buy, eleven analysts rating the company a hold, two analysts rating the company a underperform, and finally four analysts rating the company a sell with a 12-month price target of 3.42GBX.
More About 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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