Tullow Oil PLC (TUWOY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Tullow Oil PLC (OTCMKTS:TUWOY) have earned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company.

TUWOY has been the subject of several research analyst reports. Zacks Investment Research downgraded Tullow Oil PLC from a “hold” rating to a “sell” rating in a research report on Wednesday, March 22nd. Deutsche Bank AG upgraded Tullow Oil PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, March 21st. Finally, Royal Bank Of Canada downgraded Tullow Oil PLC from an “outperform” rating to a “sector perform” rating in a research report on Friday, March 24th.

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Tullow Oil PLC (OTCMKTS TUWOY) traded up 1.05% during mid-day trading on Tuesday, reaching $0.95. 7,545 shares of the company’s stock were exchanged. Tullow Oil PLC has a 52 week low of $0.93 and a 52 week high of $2.10. The company’s 50 day moving average price is $1.24 and its 200-day moving average price is $1.57. The company’s market capitalization is $1.73 billion.

About Tullow Oil PLC

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