TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) Receives Consensus Rating of “Hold” from Brokerages
TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) has been assigned an average recommendation of “Hold” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company.
Several brokerages have commented on TUWOY. Citigroup lowered shares of TULLOW OIL PLC/ADR from a “buy” rating to a “neutral” rating in a research report on Friday, November 22nd. Canaccord Genuity downgraded shares of TULLOW OIL PLC/ADR to a “buy” rating in a research report on Thursday, November 14th. Jefferies Financial Group lowered shares of TULLOW OIL PLC/ADR from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. Goldman Sachs Group cut shares of TULLOW OIL PLC/ADR from a “conviction-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Finally, Berenberg Bank upgraded TULLOW OIL PLC/ADR from a “hold” rating to a “buy” rating in a research note on Monday, August 12th.
TUWOY opened at $0.94 on Monday. TULLOW OIL PLC/ADR has a fifty-two week low of $0.87 and a fifty-two week high of $1.64. The firm has a 50-day moving average of $1.15 and a 200 day moving average of $1.24. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.54 and a current ratio of 1.69. The firm has a market cap of $1.28 billion, a P/E ratio of 23.55 and a beta of 1.26.
Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. Its portfolio comprises 87 licenses covering 267,649 square kilometers in 17 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.
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