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Tullow Oil PLC (LON:TLW) stock price target reduced to 210.00GBX, issued a research note today by Barclays Capital

Yesterday Tullow Oil PLC (LON:TLW) traded -0.13% lower at 144.90GBX. The company’s 50-day moving average is 162.49GBX and its 200-day moving average is 183.28GBX. The last stock close price is down -15.76% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,942,980 shares of the stock were exchanged, down from an average trading volume of 9,521,310

In a report released on 6/22/2017 Barclays Capital dropped the price target of Tullow Oil PLC (LON:TLW) from 220.00GBX to 210.00GBX stating a possible upside of 0.45%.

Previously on Wednesday June 21, 2017, Macquarie reported about Tullow Oil PLC (LON:TLW) lowered the target price from 280.00GBX to 243.00GBX. At the time, this indicated a possible upside of 0.63%.

See Chart Below

Tullow Oil PLC (LON:TLW)

Tullow Oil PLC has a 52 week low of 142.30GBX and a 52 week high of 299.86GBX The company’s market cap is currently 0 GBX.

In addition to Barclays Capital reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is 3.42GBX with 3 firms rating the stock a strong buy, 9 firms rating the stock a buy, 11 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 4 firms rating the stock a sell.

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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