Tullow Oil plc’s (TLW) Overweight Rating Reaffirmed at Barclays PLC

Tullow Oil plc (LON:TLW)‘s stock had its “overweight” rating restated by Barclays PLC in a report issued on Wednesday.

A number of other brokerages also recently weighed in on TLW. Citigroup Inc. restated a “neutral” rating and set a GBX 200 ($2.63) price objective on shares of Tullow Oil plc in a research report on Monday, October 16th. Macquarie reiterated an “outperform” rating and issued a GBX 245 ($3.22) price target on shares of Tullow Oil plc in a research report on Tuesday, September 12th. Jefferies Group LLC downgraded shares of Tullow Oil plc to an “underperform” rating and set a GBX 155 ($2.04) price target on the stock. in a research report on Wednesday, October 4th. Stifel Nicolaus upgraded shares of Tullow Oil plc to a “hold” rating and set a GBX 180 ($2.37) price target on the stock in a research report on Sunday, September 24th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 245 ($3.22) price target on shares of Tullow Oil plc in a research report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. Tullow Oil plc has an average rating of “Hold” and an average price target of GBX 229.20 ($3.01).

Tullow Oil plc (LON:TLW) opened at GBX 181.60 ($2.39) on Wednesday. Tullow Oil plc has a 52-week low of GBX 142.30 ($1.87) and a 52-week high of GBX 299.86 ($3.94).

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In related news, insider Les Wood bought 299 shares of the business’s stock in a transaction that occurred on Thursday, October 5th. The stock was bought at an average cost of GBX 151 ($1.99) per share, with a total value of £451.49 ($593.83).

Tullow Oil plc Company Profile

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.

Analyst Recommendations for Tullow Oil plc (LON:TLW)

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