Published On: Fri, Sep 9th, 2016

Investment Analysts’ Weekly Ratings Changes for Tullow Oil plc (TLW)

Several brokerages have updated their recommendations and price targets on shares of Tullow Oil plc (LON: TLW) in the last few weeks:

8/31/2016 – Tullow Oil plc had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 210 ($2.80) price target on the stock.
8/25/2016 – Tullow Oil plc had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a GBX 310 ($4.13) price target on the stock.
8/23/2016 – Tullow Oil plc had its price target lowered by analysts at Barclays PLC from GBX 320 ($4.26) to GBX 310 ($4.13). They now have an “overweight” rating on the stock.
8/19/2016 – Tullow Oil plc had its “speculative buy” rating reaffirmed by analysts at Beaufort Securities.
8/5/2016 – Tullow Oil plc was upgraded by analysts at Numis Securities Ltd to a “hold” rating. They now have a GBX 200 ($2.66) price target on the stock, up previously from GBX 190 ($2.53).
7/29/2016 – Tullow Oil plc had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 320 ($4.26) price target on the stock.
7/28/2016 – Tullow Oil plc had its price target lowered by analysts at Credit Suisse Group AG from GBX 370 ($4.93) to GBX 300 ($4.00). They now have an “outperform” rating on the stock.
7/28/2016 – Tullow Oil plc had its “speculative buy” rating reaffirmed by analysts at Beaufort Securities.
7/28/2016 – Tullow Oil plc had its price target lowered by analysts at Panmure Gordon from GBX 210 ($2.80) to GBX 180 ($2.40). They now have a “sell” rating on the stock.
7/28/2016 – Tullow Oil plc had its price target raised by analysts at Jefferies Group from GBX 166 ($2.21) to GBX 175 ($2.33). They now have an “underperform” rating on the stock.
7/28/2016 – Tullow Oil plc had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 290 ($3.86) to GBX 270 ($3.60). They now have an “overweight” rating on the stock.
7/27/2016 – Tullow Oil plc had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 178 ($2.37) price target on the stock.
7/27/2016 – Tullow Oil plc had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 210 ($2.80) price target on the stock.
7/25/2016 – Tullow Oil plc was upgraded by analysts at Numis Securities Ltd to a “reduce” rating. They now have a GBX 190 ($2.53) price target on the stock.
7/25/2016 – Tullow Oil plc had its price target lowered by analysts at Deutsche Bank AG from GBX 270 ($3.60) to GBX 250 ($3.33). They now have a “hold” rating on the stock.
7/14/2016 – Tullow Oil plc had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 178 ($2.37) price target on the stock.
7/13/2016 – Tullow Oil plc had its price target raised by analysts at Barclays PLC from GBX 300 ($4.00) to GBX 320 ($4.26). They now have an “overweight” rating on the stock.
7/11/2016 – Tullow Oil plc had its price target lowered by analysts at Morgan Stanley from GBX 322 ($4.29) to GBX 312 ($4.16). They now have an “equal weight” rating on the stock.

Shares of Tullow Oil plc (LON:TLW) traded down 2.74% during mid-day trading on Friday, hitting GBX 231.00. 6,207,937 shares of the company traded hands. Tullow Oil plc has a one year low of GBX 116.26 and a one year high of GBX 290.40. The stock’s market capitalization is GBX 2.11 billion. The firm has a 50-day moving average of GBX 217.52 and a 200-day moving average of GBX 223.96.

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In other news, insider McCoss,Angus bought 233 shares of the stock in a transaction dated Friday, July 1st. The stock was bought at an average price of GBX 193 ($2.57) per share, for a total transaction of £449.69 ($598.95). Also, insider Heavey,Aidan sold 222,698 shares of the stock in a transaction dated Monday, August 22nd. The shares were sold at an average price of GBX 227 ($3.02), for a total transaction of £505,524.46 ($673,314.41).
Tullow Oil plc is an independent oil and gas exploration and production company. The Company focuses on finding and monetizing oil in Africa and the Atlantic Margins. The Company operates through segments, including West Africa, East Africa and New Ventures. It has a portfolio of approximately 120 licenses across over 20 countries, which are managed under West Africa Business, East Africa Business and New Ventures Business.

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