Tullow Oil PLC (OTCMKTS:TUWOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Wednesday, November 1st.
According to Zacks, “Tullow Oil plc operates as an independent oil and gas exploration and production company in Europe. Tullow has a large portfolio of exploration and production assets with a focus on balanced long-term growth. Tullow Oil plc is headquartered in London, the United Kingdom. “
A number of other equities research analysts have also weighed in on the stock. Royal Bank Of Canada raised shares of Tullow Oil PLC from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 26th. Stifel Nicolaus raised shares of Tullow Oil PLC from a “sell” rating to a “hold” rating in a report on Monday, September 25th. Finally, Jefferies Group LLC lowered shares of Tullow Oil PLC from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $1.25.
Tullow Oil PLC (TUWOY) opened at $1.25 on Wednesday. The company has a quick ratio of 1.59, a current ratio of 1.70 and a debt-to-equity ratio of 1.31. Tullow Oil PLC has a one year low of $0.92 and a one year high of $2.10.
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