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Macquarie announced Tullow Oil PLC (LON:TLW), dropping its stock price target to 243.00GBX today

Boasting a price of 148.95GBX, Tullow Oil PLC (LON:TLW) traded -2.53% lower on the day. With the last close down -13.27% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Tullow Oil PLC has recorded a 50-day average of 162.55GBX and a two hundred day average of 181.94GBX. Volume of trade was down over the average, with 8,855,711 shares of TLW changing hands under the typical 9,547,170

In a report released on 6/21/2017 Macquarie reduced the stock price target of Tullow Oil PLC (LON:TLW) from 280.00GBX to 243.00GBX stating a potential upside of 0.63%.

Performance Chart

Tullow Oil PLC (LON:TLW)

With a total market value of 0 GBX, Tullow Oil PLC has with a one year low of 142.38GBX and a one year high of 299.86GBX .

A total of 25 analysts have released a research note on TLW. 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 one year 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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