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Tullow Oil plc 30.4% Potential Upside Indicated by Exane BNP Paribas

Tullow Oil plc using EPIC/TICKER code (LON:TLW) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Exane BNP Paribas. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. Exane BNP Paribas have set a target price of 350 GBX on its stock. This now indicates the analyst believes there is a possible upside of 30.4% from today’s opening price of 268.4 GBX. Over the last 30 and 90 trading days the company share price has increased 35 points and increased 89.15 points respectively. The 52 week high share price is 279.35 GBX while the 52 week low for the stock is 142.3 GBX.

Tullow Oil plc has a 50 day moving average of 222.67 GBX and the 200 Day Moving Average price is recorded at 197.46. There are currently 1,390,040,644 shares in issue with the average daily volume traded being 11,541,111. Market capitalisation for LON:TLW is £3,621,055,878 GBP.