Zacks Investment Research upgraded shares of Tullow Oil Plc (NASDAQ:TUWOY) from a hold rating to a buy rating in a report issued on Wednesday morning. The brokerage currently has $1.00 target price on the stock.

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. “

Separately, Jefferies Group LLC lowered Tullow Oil Plc from a buy rating to a hold rating in a report on Tuesday, August 29th.

Tullow Oil Plc (TUWOY) opened at 1.03 on Wednesday. The company’s 50-day moving average price is $1.04 and its 200 day moving average price is $1.22. The firm’s market capitalization is $2.53 billion. Tullow Oil Plc has a 12 month low of $0.92 and a 12 month high of $2.10.

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