Tullow Oil Plc (TUWOY) Receives Average Recommendation of “Hold” from Analysts

Tullow Oil Plc (OTCMKTS:TUWOY) has received an average recommendation of “Hold” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

TUWOY has been the subject of several recent research reports. Zacks Investment Research raised shares of Tullow Oil from a “hold” rating to a “buy” rating and set a $1.75 target price for the company in a report on Thursday, January 25th. Barclays lowered shares of Tullow Oil from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 15th. Finally, Jefferies Group raised shares of Tullow Oil from an “underperform” rating to a “hold” rating in a report on Wednesday, December 20th.

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Tullow Oil (TUWOY) opened at $1.19 on Tuesday. Tullow Oil has a 1 year low of $0.92 and a 1 year high of $1.85. The company has a quick ratio of 1.59, a current ratio of 1.70 and a debt-to-equity ratio of 1.31.

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About Tullow Oil

Tullow Oil plc engages in the oil and gas exploration, development, and production activities. The company operates through West Africa, East Africa, and New Ventures segments. Its portfolio comprises approximately 100 licenses covering 253,034 square kilometers in 18 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.

Analyst Recommendations for Tullow Oil (OTCMKTS:TUWOY)

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