Tullow Oil Stock Rating Reaffirmed by UBS AG (TLW)

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Tullow Oil (LON:TLW)‘s stock had its “neutral” rating restated by stock analysts at UBS AG in a report issued on Thursday, ARN reports. They currently have a GBX 925 ($15.24) price target on the stock. UBS AG’s target price would suggest a potential upside of 7.18% from the company’s current price.

TLW has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Tullow Oil in a research note to investors on Thursday. Separately, analysts at Deutsche Bank raised their price target on shares of Tullow Oil from GBX 975 ($16.07) to GBX 980 ($16.15) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Beaufort Securities upgraded shares of Tullow Oil to a “buy” rating in a research note to investors on Thursday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the stock. Tullow Oil has an average rating of “Buy” and an average target price of GBX 1,210.49 ($19.95).

Shares of Tullow Oil (LON:TLW) opened at 874.00 on Thursday. Tullow Oil has a 52-week low of GBX 818.00 and a 52-week high of GBX 1270.00. The stock’s 50-day moving average is GBX 579.0 and its 200-day moving average is GBX 765.1. The company’s market cap is £7.935 billion.

Tullow Oil plc (LON:TLW) is an independent oil and gas exploration and production company.

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