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Tullow Oil plc 31% Potential Upside Indicated by RBC Capital Markets

Tullow Oil plc using EPIC/TICKER code (LON:TLW) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SECTOR PERFORMER’ today by analysts at RBC Capital Markets. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. RBC Capital Markets have set a target price of 175 GBX on its stock. This would imply the analyst believes there is now a potential upside of 31.0% from today’s opening price of 133.55 GBX. Over the last 30 and 90 trading days the company share price has decreased 83.85 points and decreased 81.45 points respectively. The 1 year high share price is 254.71 GBX while the year low share price is currently 130.95 GBX.

Tullow Oil plc has a 50 day moving average of 191.47 GBX and a 200 day moving average of 212.78. There are currently 1,406,580,311 shares in issue with the average daily volume traded being 8,749,869. Market capitalisation for LON:TLW is £1,944,597,279 GBP.

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