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Home / Stocks and Markets at Lows / Tullow Oil (TLW.L) 19-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Tullow Oil (TLW.L) 19-11-19

Tullow Oil (TLW.L) has fallen dramatically from recent highs of 241p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 142.98p (at time of writing). A return to previous highs would represent a rise of 68%.
  • This stock is one of the most significant fallers in the period.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
  • Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -42% from 12-month highs; +0% from 12 month lows.

Latest News

14 Nov:  Berenberg reiterates its buy rating on Tullow Oil (TLW) and reduced the target price to 230p (from 260p).

14 Nov:  Barclays Capital reiterates its overweight rating on Tullow Oil (TLW) and reduced the target price to 200p (from 270p).

14 Nov:  JP Morgan Cazenove has downgraded its rating on Tullow Oil (TLW) to neutral (from overweight) and reduced the target price to 249p  (from 278p).

14 Nov:  Jefferies International has downgraded its rating on Tullow Oil (TLW) to hold (from buy) and reduced the target price to 168p  (from 275p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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