Tullow Oil PLC (LON:TLW) price target maintained at 175.00GBX, released a report earlier today by Jefferies International
- Updated: October 9, 2016
Stating a potential downside of -0.28%, Jefferies International hold steady the price target of Tullow Oil PLC (LON:TLW) at 175.00GBX
Yesterday Tullow Oil PLC (LON:TLW) traded -2.51% lower at 243.50GBX. Tullow Oil PLC’s 50-day moving average is 232.12GBX and its 200-day moving average is 230.05GBX. The last stock price is up 16.50% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 711,557 shares of the stock were exchanged, down from an average trading volume of 7,180,460
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With a total market value of 0 GBX, Tullow Oil PLC has with a one year low of 116.26GBX and a one year high of 290.40GBX .
A total of 25 equity analysts have released a ratings update on TLW. Three equity analysts 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.
More 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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