AlphaValue Reiterated Tullow Oil (LON:TLW) As a “Buy”; They Now Have a Target Price per Share Of GBX 340

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Tullow Oil (LON:TLW) Rating Reaffirmed

In analysts report sent to investors on Thursday, 3 December, The “Buy” rating of Tullow Oil (LON:TLW) shares was has reaffirmed by AlphaValue, who now has a GBX 340 target PPS on the stock. AlphaValue’s target PPS could mean a possible upside of 68.40% from the last price of the company.

From a total of 29 analysts covering Tullow Oil PLC (LON:TLW) stock, 17 rate it a ”Buy”, 5 a “Sell”, and 9 a ”Hold”. This means that 55% of the ratings are positive. The highest target price is GBX 8.82 while the lowest target price is GBX 2.8. The mean of all analyst targets is GBX 4.76 with a 67.70% above today’s (GBX 203.2) stock price. Tullow Oil PLC was the topic of 101 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on December 1 with “Hold” rating. Liberum Capital maintained shares with “Buy” rating and GBX 250 target share price in a report from a November 17. Stifel Nicolaus maintained TLW stock in a recent report from November 30 with “Buy” rating. RBC Capital Markets maintained the rating on November 17. RBC Capital Markets has a “Sector Perform” rating and a GBX 400 price target on shares. Finally, Numis Securities maintained the stock with “Buy” rating in a report issued on a November 18.

Approximately 1.71M shares of stock traded hands. Tullow Oil plc (LON:TLW) has declined 53.08% since May 6, 2015 and is downtrending. It has underperformed by 52.80% the S&P500.

AlphaValue Reiterated Tullow Oil (LON:TLW) As a

Tullow Oil plc is an independent oil and gas exploration and production company. The company has a market cap of 1.85 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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