Zacks Investment Research cut shares of Tullow Oil Plc (NASDAQ:TUWOY) from a buy rating to a hold rating in a report released on Friday morning.

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 downgraded Tullow Oil Plc from a buy rating to a hold rating in a report on Tuesday, August 29th.

Shares of Tullow Oil Plc (NASDAQ TUWOY) traded up 7.21% during midday trading on Friday, reaching $1.19. The company’s stock had a trading volume of 136,278 shares. The company’s market cap is $2.92 billion. Tullow Oil Plc has a 12 month low of $0.92 and a 12 month high of $2.10. The stock has a 50-day moving average of $1.04 and a 200 day moving average of $1.21.

COPYRIGHT VIOLATION WARNING: “Tullow Oil Plc (TUWOY) Downgraded by Zacks Investment Research to Hold” was first posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another website, it was illegally copied and reposted in violation of international copyright & trademark laws. The original version of this news story can be read at https://www.dailypolitical.com/2017/09/23/tullow-oil-plc-tuwoy-downgraded-by-zacks-investment-research-to-hold.html.

Receive News & Ratings for Tullow Oil Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil Plc and related companies with MarketBeat.com's FREE daily email newsletter.