Tullow Oil (OTC:TUWLF) Lowered to “Hold” at Jefferies Group LLC

Tullow Oil (OTC:TUWLF) was downgraded by research analysts at Jefferies Group LLC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, August 29th, StockTargetPrices.com reports.

Separately, Sanford C. Bernstein downgraded Tullow Oil from an “outperform” rating to a “mkt perform” rating in a research note on Thursday, July 6th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.

Tullow Oil (TUWLF) remained flat at $2.00 during trading on Tuesday. The firm has a 50-day moving average of $2.07 and a 200-day moving average of $2.39. Tullow Oil has a 52-week low of $1.85 and a 52-week high of $4.23. The firm’s market cap is $2.45 billion.

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