Beaufort Securities Reiterates The Buy Rating They’ve had for Tullow Oil PLC (LON:TLW) Shares


Tullow Oil PLC (LON:TLW) Rating Reaffirmed

This Morning, Wednesday, 16 December, Tullow Oil PLC (LON:TLW)’s Buy rating was has reaffirmed by Beaufort Securities in analysts note.

From a total of 28 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 8.83 while the lowest target price is GBX 2.66. The mean of all analyst targets is GBX 4.73 with a 105.96% above today’s (GBX 159.1) stock price. Tullow Oil PLC was the topic of 107 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 16 with “Buy” rating. AlphaValue maintained shares with “Buy” rating and GBX 340 target share price in a report from a December 3. Liberum Capital maintained TLW stock in a recent report from December 15 with “Buy” rating. Jefferies maintained the rating on December 1. Jefferies has a “Hold” rating and a GBX 215 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a December 7.

Approximately 2.42M shares of stock traded hands. Tullow Oil plc (LON:TLW) has declined 60.64% since May 19, 2015 and is downtrending. It has underperformed by 58.01% the S&P500.

Beaufort Securities Reiterates The Buy Rating They’ve had for Tullow Oil PLC (LON:TLW) Shares

Tullow Oil plc is an independent oil and gas exploration and production company. The company has a market cap of 1.38 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.