Home » Reports » Broker Ratings » Tullow Oil plc 66.4% Potential Upside Indicated by JP Morgan Cazenove

Tullow Oil plc 66.4% Potential Upside Indicated by JP Morgan Cazenove

Tullow Oil plc with EPIC/TICKER (LON:TLW) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 249 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 66.4% from today’s opening price of 149.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 59.2 points and decreased 49.4 points respectively. The 52 week high for the stock is 254.71 GBX while the year low stock price is currently 142.55 GBX.

Tullow Oil plc has a 50 day moving average of 217.25 GBX and the 200 Day Moving Average price is recorded at 218.74. There are currently 1,405,843,564 shares in issue with the average daily volume traded being 6,297,727. Market capitalisation for LON:TLW is £2,136,882,217 GBP.