Tullow Oil plc 4.8% Potential Decrease Indicated by UBS

Broker Ratings

Tullow Oil plc using EPIC/TICKER code (LON:TLW) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. UBS have set their target price at 220 GBX on its stock. This now indicates the analyst believes there is a potential downside of -4.8% from the opening price of 231 GBX. Over the last 30 and 90 trading days the company share price has increased 27.7 points and increased 40.85 points respectively. The 1 year high for the share price is 279.35 GBX while the year low stock price is currently 163.3 GBX.

Tullow Oil plc has a 50 day moving average of 197.84 GBX and a 200 day moving average of 225.14. There are currently 1,393,616,501 shares in issue with the average daily volume traded being 6,682,609. Market capitalisation for LON:TLW is £3,160,722,266 GBP.

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    Tullow Oil plc on track to achieve its free cash flow targets and has resolved operational issues. Financially, Tullow Oil has seen revenue growth and debt reduction.

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