Jefferies Group upgraded shares of Tullow Oil (OTCMKTS:TUWOY) from an underperform rating to a hold rating in a research note published on Wednesday, December 20th, The Fly reports. Jefferies Group also issued estimates for Tullow Oil’s FY2018 earnings at $0.15 EPS.
Other research analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Tullow Oil from a hold rating to a buy rating and set a $1.25 target price on the stock in a research note on Saturday, September 23rd. Stifel Nicolaus upgraded shares of Tullow Oil from a sell rating to a hold rating in a research note on Monday, September 25th. Finally, Royal Bank of Canada upgraded shares of Tullow Oil from a sector perform rating to an outperform rating in a research note on Tuesday, September 26th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $1.50.
Tullow Oil (OTCMKTS TUWOY) traded up $0.10 during trading hours on Wednesday, reaching $1.54. 58,118 shares of the company traded hands, compared to its average volume of 22,825. Tullow Oil has a 1-year low of $0.92 and a 1-year high of $2.08. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.59 and a current ratio of 1.70.
TRADEMARK VIOLATION NOTICE: “Jefferies Group Upgrades Tullow Oil (TUWOY) to Hold” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/11/jefferies-group-upgrades-tullow-oil-tuwoy-to-hold.html.
About Tullow Oil
Receive News & Ratings for Tullow Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil and related companies with MarketBeat.com's FREE daily email newsletter.