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Tullow Oil plc 28.1% Potential Upside Indicated by Deutsche Bank

Tullow Oil plc with EPIC/TICKER (LON:TLW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. Deutsche Bank have set a target price of 260 GBX on its stock. This is indicating the analyst believes there is a potential upside of 28.1% from today’s opening price of 203 GBX. Over the last 30 and 90 trading days the company share price has decreased 15 points and decreased 60.8 points respectively. The 1 year high for the share price is 299.86 GBX while the 52 week low is 154.23 GBX.

Tullow Oil plc has a 50 day moving average of 222.14 GBX and the 200 Day Moving Average price is recorded at 264.67. There are currently 1,380,289,264 shares in issue with the average daily volume traded being 9,170,468. Market capitalisation for LON:TLW is £2,788,184,313 GBP.

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