Tullow Oil plc (LON:TLW – Get Free Report)’s share price rose 6.6% during trading on Monday . The stock traded as high as GBX 6.28 and last traded at GBX 6.11. Approximately 6,465,417 shares traded hands during trading, a decline of 39% from the average daily volume of 10,522,629 shares. The stock had previously closed at GBX 5.73.
Wall Street Analyst Weigh In
TLW has been the topic of several recent research reports. Jefferies Financial Group reduced their price target on Tullow Oil from GBX 12 to GBX 6 and set an “underperform” rating for the company in a research report on Monday, October 20th. Shore Capital restated a “buy” rating on shares of Tullow Oil in a research note on Friday, September 5th. Finally, Panmure Gordon dropped their price target on Tullow Oil from GBX 7.80 to GBX 5.40 and set a “sell” rating on the stock in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of GBX 12.85.
View Our Latest Stock Report on Tullow Oil
Tullow Oil Trading Up 6.6%
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.
See Also
- Five stocks we like better than Tullow Oil
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- How Long Will $1M Last in Retirement?
- [No Brainer Gold Play]: “Show me a better investment.”
- How to Capture a Slice of the Starlink IPO Buzz
Receive News & Ratings for Tullow Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil and related companies with MarketBeat.com's FREE daily email newsletter.
