TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) Upgraded at Zacks Investment Research
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. “
Other equities analysts have also issued reports about the company. Berenberg Bank upgraded TULLOW OIL PLC/ADR from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Morgan Stanley lowered TULLOW OIL PLC/ADR from an “overweight” rating to an “equal weight” rating in a report on Tuesday, June 11th. Finally, Jefferies Financial Group upgraded TULLOW OIL PLC/ADR from a “hold” rating to a “buy” rating in a report on Friday, July 5th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. TULLOW OIL PLC/ADR has a consensus rating of “Buy” and an average price target of $1.50.
TULLOW OIL PLC/ADR Company Profile
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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