Tullow Oil (LON:TLW - Get Free Report)'s stock had its "underperform" rating reiterated by analysts at Jefferies Financial Group in a note issued to investors on Thursday, MarketBeat.com reports. They presently have a GBX 12 ($0.16) price objective on the stock. Jefferies Financial Group's target price indicates a potential upside of 6.76% from the company's previous close.
TLW has been the subject of several other research reports. Shore Capital reiterated a "buy" rating on shares of Tullow Oil in a research note on Wednesday, July 30th. Canaccord Genuity Group lifted their price objective on Tullow Oil from GBX 14 ($0.19) to GBX 16 ($0.21) and gave the company a "hold" rating in a research note on Thursday, May 29th.
Check Out Our Latest Research Report on TLW
Tullow Oil Stock Performance
LON TLW opened at GBX 11.24 ($0.15) on Thursday. The stock has a 50-day moving average of GBX 16.21 and a two-hundred day moving average of GBX 15.73. The company has a debt-to-equity ratio of -1,776.31, a current ratio of 0.70 and a quick ratio of 0.63. The company has a market cap of £207.91 million, a P/E ratio of 13.28, a P/E/G ratio of -0.19 and a beta of 2.08. Tullow Oil has a 1-year low of GBX 11 ($0.15) and a 1-year high of GBX 29.04 ($0.39).
Insider Activity
In related news, insider Roald Goethe acquired 100,000 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was acquired at an average price of GBX 17 ($0.23) per share, for a total transaction of £17,000 ($22,709.06). Insiders own 24.59% of the company's stock.
Tullow Oil Company Profile
(
Get Free Report)
Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. The Company's operations are focused on its West-African producing assets in Ghana, Gabon and Côte d'Ivoire, alongside a material discovered resource base in Kenya. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030 and has a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations.
See Also
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