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Tullow Oil PLC (LON:TLW) has been reiterated to Hold in a statement by Deutsche Bank earlier today.

Having a price of 294.00GBX, Tullow Oil PLC (LON:TLW) traded -0.35% lower on the day. With the last stock price up 5.47% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. TLW has recorded a 50-day average of 306.90GBX and a two hundred day average of 266.94GBX. Trade Volume was up over the average, with 8,237,499 shares of TLW changing hands over the typical 6,608,220

Deutsche Bank has reiterated Tullow Oil PLC (LON:TLW) to Hold in a statement released on 2/09/2017.

Recent Performance Chart

Tullow Oil PLC (LON:TLW)

Tullow Oil PLC has with a one year low of 147.00GBX and a one year high of 352.10GBX and has a market capitalization of 0 GBX.

A total of 25 brokerages have issued a ratings update on Tullow Oil PLC. Three brokerages rating the company a strong buy, nine brokerages rating the company a buy, eleven brokerages rating the company a hold, two brokerages rating the company a underperform, and finally four brokerages rating the company a sell with a 12-month price target of 3.42GBX.

General Company Details For Tullow Oil PLC (LON:TLW)

Tullow Oil plc is an independent oil and gas exploration and production company. The Company is focused on finding and monetizing oil in Africa and the Atlantic Margins. Its activities include targeted exploration and appraisal, selective development projects and growing its West Africa oil production. The Company, through its subsidiaries, has interests in over 110 exploration and production licenses in approximately 20 countries. Its production and development projects in West Africa includes its operated asset, the Jubilee field in Ghana, the TEN Project and a portfolio of non-operated production assets. The Company is focused on exploration activity across its acreage position in Kenya. Its onshore acreage in Kenya includes Blocks 10BA, 10BB, 12A, 12B and 13T. Its New Ventures operations are focused on the frontier exploration and appraisal activity across Africa, the Caribbean, Latin America and Europe. The Company has production assets in Africa and Europe.

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