Research Analysts’ Recent Ratings Updates for Tullow Oil (TLW)

Several analysts have recently updated their ratings and price targets for Tullow Oil (LON: TLW):

  • 8/21/2019 – Tullow Oil was upgraded by analysts at Canaccord Genuity to a “buy” rating. They now have a GBX 280 ($3.66) price target on the stock, up previously from GBX 260 ($3.40).
  • 8/21/2019 – Tullow Oil is now covered by analysts at Peel Hunt. They set a “buy” rating and a GBX 250 ($3.27) price target on the stock.
  • 8/15/2019 – Tullow Oil had its price target raised by analysts at HSBC Holdings plc from GBX 220 ($2.87) to GBX 230 ($3.01). They now have a “hold” rating on the stock.
  • 8/15/2019 – Tullow Oil had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 337 ($4.40) to GBX 326.60 ($4.27). They now have a “conviction-buy” rating on the stock.
  • 8/13/2019 – Tullow Oil had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada.
  • 8/13/2019 – Tullow Oil had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group Inc.
  • 8/12/2019 – Tullow Oil had its “top pick” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 290 ($3.79) price target on the stock.
  • 8/12/2019 – Tullow Oil was upgraded by analysts at Berenberg Bank to a “buy” rating. They now have a GBX 240 ($3.14) price target on the stock, up previously from GBX 230 ($3.01).
  • 7/31/2019 – Tullow Oil was downgraded by analysts at Canaccord Genuity to a “speculative buy” rating. They now have a GBX 260 ($3.40) price target on the stock, down previously from GBX 275 ($3.59).
  • 7/26/2019 – Tullow Oil had its “hold” rating reaffirmed by analysts at Berenberg Bank.
  • 7/25/2019 – Tullow Oil had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 290 ($3.79) price target on the stock.
  • 7/25/2019 – Tullow Oil had its “neutral” rating reaffirmed by analysts at UBS Group AG.
  • 7/18/2019 – Tullow Oil had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada.
  • 7/5/2019 – Tullow Oil was upgraded by analysts at Jefferies Financial Group Inc to a “buy” rating. They now have a GBX 245 ($3.20) price target on the stock.
  • 6/28/2019 – Tullow Oil had its price target lowered by analysts at Royal Bank of Canada from GBX 290 ($3.79) to GBX 280 ($3.66). They now have an “outperform” rating on the stock.
  • 6/26/2019 – Tullow Oil had its “hold” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 230 ($3.01) price target on the stock.
  • 6/24/2019 – Tullow Oil had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 310 ($4.05) price target on the stock.

Shares of LON:TLW traded down GBX 2 ($0.03) during trading on Thursday, reaching GBX 213.60 ($2.79). The company’s stock had a trading volume of 3,625,650 shares, compared to its average volume of 9,450,000. The company has a current ratio of 1.70, a quick ratio of 0.85 and a debt-to-equity ratio of 170.48. Tullow Oil plc has a 12 month low of GBX 163.30 ($2.13) and a 12 month high of GBX 273.90 ($3.58). The firm’s 50 day simple moving average is GBX 199.44 and its two-hundred day simple moving average is GBX 215.84. The stock has a market capitalization of $3.00 billion and a PE ratio of 22.97.

The firm also recently declared a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, August 29th will be issued a $0.02 dividend. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, August 29th. Tullow Oil’s payout ratio is 0.43%.

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. Its portfolio comprises 87 licenses covering 267,649 square kilometers in 17 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.

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