Tullow Oil (LON:TLW – Get Free Report) had its price objective upped by equities researchers at Canaccord Genuity Group from GBX 7 to GBX 13 in a research note issued to investors on Wednesday,Digital Look reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity Group’s target price points to a potential upside of 4.84% from the stock’s previous close.
Separately, Panmure Gordon lowered their price objective on Tullow Oil from GBX 7.80 to GBX 5.40 and set a “sell” rating for the company in a research note on Monday, November 24th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of GBX 13.60.
Check Out Our Latest Stock Analysis on TLW
Tullow Oil Price Performance
About Tullow Oil
Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow’s operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW).
For further information, please refer to: www.tullowoil.com.
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