Tullow Oil plc (LON:TLW) had its price objective increased by Deutsche Bank AG from GBX 200 ($2.66) to GBX 210 ($2.79) in a research report sent to investors on Friday morning. Deutsche Bank AG currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Jefferies Group LLC reiterated a buy rating and issued a GBX 250 ($3.32) target price on shares of Tullow Oil plc in a research note on Monday, June 26th. Numis Securities Ltd upgraded shares of Tullow Oil plc to a buy rating and set a GBX 210 ($2.79) target price for the company in a research note on Thursday, July 13th. Canaccord Genuity reduced their target price on shares of Tullow Oil plc from GBX 200 ($2.66) to GBX 160 ($2.13) and set a hold rating for the company in a research note on Thursday, June 29th. Stifel Nicolaus upgraded shares of Tullow Oil plc to a hold rating and set a GBX 180 ($2.39) target price for the company in a research note on Sunday, September 24th. Finally, Macquarie reduced their target price on shares of Tullow Oil plc from GBX 280 ($3.72) to GBX 243 ($3.23) and set an outperform rating for the company in a research note on Wednesday, June 21st. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 225.59 ($3.00).

Tullow Oil plc (LON TLW) opened at 185.60 on Friday. Tullow Oil plc has a 52 week low of GBX 142.30 and a 52 week high of GBX 299.86. The stock’s market cap is GBX 2.28 billion. The stock has a 50 day moving average of GBX 171.97 and a 200-day moving average of GBX 178.71.

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In other Tullow Oil plc news, insider Les Wood bought 299 shares of Tullow Oil plc stock in a transaction on Thursday, October 5th. The stock was acquired at an average price of GBX 151 ($2.01) per share, with a total value of £451.49 ($599.91).

About Tullow Oil plc

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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