Tullow Oil plc 56.9% Potential Upside Indicated by Berenberg

Broker Ratings

Tullow Oil plc with EPIC/TICKER (LON:TLW) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. Berenberg have set a target price of 40 GBX on its stock. This indicates the analyst now believes there is a potential upside of 56.9% from the opening price of 25.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.2 points and decreased 0.42 points respectively. The 52 week high for the share price is currently at 251.31 GBX while the 52 week low is 7.17 GBX.

Tullow Oil plc has a 50 day moving average of 31.30 GBX and the 200 Day Moving Average price is recorded at 59.47. There are currently 1,411,003,726 shares in issue with the average daily volume traded being 13,897,705. Market capitalisation for LON:TLW is £358,536,044 GBP.

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