Zacks: Tullow Oil Plc (TUWOY) Given Average Rating of “Hold” by Brokerages

Tullow Oil Plc (NASDAQ:TUWOY) has received an average broker rating score of 2.86 (Hold) from the seven brokers that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. Tullow Oil Plc’s rating score has declined by 11.3% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Zacks has also given Tullow Oil Plc an industry rank of 205 out of 265 based on the ratings given to its competitors.

TUWOY has been the topic of several recent analyst reports. Zacks Investment Research downgraded Tullow Oil Plc from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. Jefferies Group LLC downgraded Tullow Oil Plc from a “buy” rating to a “hold” rating in a report on Tuesday, August 29th. Royal Bank of Canada raised Tullow Oil Plc from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 26th. Finally, Stifel Nicolaus raised Tullow Oil Plc from a “sell” rating to a “hold” rating in a report on Monday, September 25th.

Tullow Oil Plc (NASDAQ TUWOY) traded down $0.02 during midday trading on Friday, reaching $1.25. The company’s stock had a trading volume of 20,305 shares, compared to its average volume of 28,205. Tullow Oil Plc has a 12 month low of $0.92 and a 12 month high of $2.10.

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