Royal Bank of Canada reiterated their outperform rating on shares of Tullow Oil (LON:TLW) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
TLW has been the topic of several other reports. UBS Group reaffirmed a buy rating and issued a GBX 285 ($3.72) price objective on shares of in a report on Friday, June 21st. Canaccord Genuity raised shares of Nuvista Energy to a buy rating in a report on Tuesday, April 9th. Berenberg Bank reaffirmed a hold rating and issued a GBX 230 ($3.01) price objective on shares of in a report on Wednesday, June 26th. Barclays reaffirmed an overweight rating and issued a GBX 310 ($4.05) price objective on shares of in a report on Monday, June 24th. Finally, JPMorgan Chase & Co. raised shares of DISCO CORP/ADR from an underweight rating to a neutral rating in a report on Wednesday, April 17th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Tullow Oil currently has an average rating of Buy and a consensus target price of GBX 261 ($3.41).
TLW stock opened at GBX 199.50 ($2.61) on Thursday. The company has a fifty day simple moving average of GBX 206.33. The stock has a market cap of $2.80 billion and a P/E ratio of 33.81. The company has a debt-to-equity ratio of 160.08, a current ratio of 1.63 and a quick ratio of 0.72. Tullow Oil has a 12 month low of GBX 163.30 ($2.13) and a 12 month high of GBX 273.90 ($3.58).
Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. Its portfolio comprises 87 licenses covering 267,649 square kilometers in 17 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.
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