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Tullow Oil plc 13.6% Potential Upside Indicated by Barclays Capital

Tullow Oil plc using EPIC/TICKER code (LON:TLW) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 225 GBX on its stock. This would imply the analyst believes there is now a potential upside of 13.6% from today’s opening price of 198 GBX. Over the last 30 and 90 trading days the company share price has increased 12.1 points and decreased 44.5 points respectively. The 52 week high share price is 279.35 GBX while the year low share price is currently 163.3 GBX.

Tullow Oil plc has a 50 day moving average of 193.85 GBX and the 200 Day Moving Average price is recorded at 227.91. There are currently 816,969,427 shares in issue with the average daily volume traded being 8,767,840. Market capitalisation for LON:TLW is £2,798,026,992 GBP.