TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) was upgraded by stock analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a note issued to investors on Monday, The Fly reports.
Several other research analysts also recently weighed in on TUWOY. Zacks Investment Research downgraded TULLOW OIL PLC/ADR from a “hold” rating to a “sell” rating in a research note on Friday, August 2nd. Jefferies Financial Group upgraded TULLOW OIL PLC/ADR from a “hold” rating to a “buy” rating in a research note on Friday, July 5th. Finally, Morgan Stanley downgraded TULLOW OIL PLC/ADR from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, June 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. TULLOW OIL PLC/ADR currently has an average rating of “Buy” and a consensus price target of $1.50.
TUWOY stock opened at $1.34 on Monday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.63 and a quick ratio of 1.54. The company has a market cap of $1.86 billion, a P/E ratio of 33.50 and a beta of 1.34. TULLOW OIL PLC/ADR has a fifty-two week low of $1.00 and a fifty-two week high of $1.71. The business’s fifty day moving average price is $1.23.
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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