Tullow Oil (OTCMKTS:TUWLF) was upgraded by investment analysts at Morgan Stanley from an “equal” rating to a “weight” rating in a research report issued on Wednesday.
Several other analysts have also recently commented on the stock. Royal Bank of Canada reiterated a “sector perform” rating on shares of Tullow Oil in a research note on Tuesday, May 1st. Macquarie reiterated an “underperform” rating on shares of Tullow Oil in a research note on Thursday, January 18th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold”.
Shares of TUWLF stock opened at $3.63 on Wednesday. Tullow Oil has a 52 week low of $1.85 and a 52 week high of $3.28.
Tullow Oil plc engages in the oil and gas exploration, development, and production activities. Its portfolio comprises approximately 90 licenses covering 263,820 square kilometers in 16 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.
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