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Tullow Oil (LON: TLW) had its high target price by Citigroup of GBX 200 ($ 2.65) to GBX 225 ($ 2.98) in a research note published Thursday morning.The firm currently has a neutral rating on the title
Several other brokerages also commented on TLW. BNP Paribas issued a price target of GBX 260.60 ($ 3.45) to BNP Paribas from GBX 250 ($ 3.31) to GBX 350 ($ 4.63) on Thursday, May 17. In a report released on Wednesday, May 23, Jefferies Financial Group increased its price target on Tullow Oil from GBX 180 ($ 2.38) to GBX 254 ($ 3.36). and awarded a listing to the company on Tuesday, June 12. Co. increased its price target on Tullow Oil from GBX 255 ($ 3.38) to GBX 278 ($ 3.68) and Ave. company overweighted in a ra on Thursday, July 12th. Finally, Royal Bank of Canada reiterated a sector performance rating and set a price target of GBX 230 ($ 3.04) on Tullow Oil shares in a report on Tuesday, July 3. Eight badysts rated the stock with a reserve rating and seven attributed a purchase rating to the company. The stock currently has a consensual Hold rating and a consensus target price of GBX 248.47 ($ 3.29).
TLW shares opened at GBX 226.10 ($ 2.99) on Thursday. Tullow Oil has a 12-month low of GB 142.30 ($ 1.88) and a 12-month high of GBX 243 ($ 3.22).
About Tullow Oil
Tullow Oil plc is engaged in oil and gas exploration, development and production. Its portfolio includes approximately 90 licenses covering 263,820 square kilometers in 16 countries. The company was founded in 1985 and is headquartered in London, UK.
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