Home » Reports » Broker Ratings » Tullow Oil plc 26.3% Potential Decrease Indicated by HSBC

Tullow Oil plc 26.3% Potential Decrease Indicated by HSBC

Tullow Oil plc with EPIC/TICKER (LON:TLW) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘REDUCE’ this morning by analysts at HSBC. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. HSBC have set a target price of 50 GBX on its stock. This indicates the analyst believes there is a potential downside of -26.3% from today’s opening price of 67.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 75.85 points and decreased 175.6 points respectively. The 1 year high share price is 254.71 GBX while the year low stock price is currently 38.05 GBX.

Tullow Oil plc has a 50 day moving average of 172.34 GBX and a 200 day moving average of 207.32. There are currently 1,406,580,311 shares in issue with the average daily volume traded being 27,106,180. Market capitalisation for LON:TLW is £882,207,188 GBP.

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