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Jefferies International issued a report on Tullow Oil PLC (LON:TLW), upholding its stock price target at 175.00GBX today

In a report released on Thursday October 06, 2016 Jefferies International hold steady the target price of Tullow Oil PLC (LON:TLW) from 175.00GBX to 175.00GBX indicating a possible downside of -0.30%.

On 10/5/2016, Jefferies International released a statement for Tullow Oil PLC (LON:TLW) held steady the target price at 175.00GBX. At the time, this indicated a possible downside of -0.28%.

Yesterday Tullow Oil PLC (LON:TLW) traded 2.11% higher at 249.00GBX. TLW’s 50-day average is 229.89GBX and its two hundred day average is 229.42GBX. With the last stock price close up 14.11% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 8,226,252 shares of Tullow Oil PLC traded, up from an avg. volume of 7,449,430

Performance Chart

Tullow Oil PLC (LON:TLW)

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

In addition to Jefferies International 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, 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 lastly 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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