Home » Reports » Tullow Oil plc 5.1% Potential Decrease Indicated by Morgan Stanley

Tullow Oil plc 5.1% Potential Decrease Indicated by Morgan Stanley

Tullow Oil plc with EPIC/TICKER (LON:TLW) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. Morgan Stanley have set a target price of 24 GBX on its stock. This would indicate that the analyst believes there is a downside of -5.1% from today’s opening price of 25.29 GBX. Over the last 30 and 90 trading days the company share price has increased 0.45 points and decreased 6.8 points respectively. The 1 year high stock price is 251.31 GBX while the year low stock price is currently 7.17 GBX.

Tullow Oil plc has a 50 day moving average of 23.48 GBX and a 200 Day Moving Average share price is recorded at 98.79. There are currently 1,410,331,504 shares in issue with the average daily volume traded being 31,823,103. Market capitalisation for LON:TLW is £373,737,848 GBP.

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