TOday’s Movers: Tullow Oil (LON:TLW) Stock Rating Reemphasized by equity analysts Stifel; GBX 280 Target Price Indicates 46.60% Potential

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Tullow Oil (LON:TLW) Rating Reaffirmed

Recently, In a recent report sent to investors and clients on Monday morning, Tullow Oil (LON:TLW) shares have had their “Buy” Rating has reaffirmed by research analysts at Stifel, who currently has a GBX 280 price target on firm. This target by Stifel may imply the possibile upside of 46.60% from the previous stock close.

From a total of 27 analysts covering Tullow Oil PLC (LON:TLW) stock, 16 rate it a ”Buy”, 2 a “Sell”, and 9 a ”Hold”. This means that 59% of the ratings are positive. The highest target price is GBX 700 while the lowest target price is GBX 168. The mean of all analyst targets is GBX 339.48 with a 74.63% above today’s (GBX 194.4) stock price. Tullow Oil PLC was the topic of 98 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Stifel Nicolaus maintained shares on November 23 with “Buy” rating. Liberum Capital maintained shares with “Buy” rating and GBX 250 target share price in a report from a November 17. Numis Securities maintained TLW stock in a recent report from November 18 with “Buy” rating. UBS upgraded the rating on November 16. UBS has a “Buy” rating and a GBX 240 price target on shares. Finally, Davy Research maintained the stock with “Outperform” rating in a report issued on a November 17.

Approximately 2.66 million shares of stock traded hands. Tullow Oil plc (LON:TLW) has declined 52.77% since May 1, 2015 and is downtrending. It has underperformed by 51.88% the S&P500.

TOday’s Movers: Tullow Oil (LON:TLW) Stock Rating Reemphasized by equity analysts Stifel; GBX 280 Target Price Indicates 46.60% Potential

Tullow Oil plc is an independent oil and gas exploration and production company. The company has a market cap of 1.73 billion GBP. The Firm is engaged in the exploration, development, production and sale of hydrocarbons. It currently has negative earnings. The Firm is focused on finding and monetizing oil in Africa and the Atlantic Margins.

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