Tullow Oil (TUWLF) Lowered to “Underperform” at Jefferies Group LLC
Tullow Oil (OTC:TUWLF) was downgraded by investment analysts at Jefferies Group LLC from a “hold” rating to an “underperform” rating in a research note issued on Wednesday.
Several other research analysts have also weighed in on TUWLF. Sanford C. Bernstein lowered shares of Tullow Oil from an “outperform” rating to a “mkt perform” rating in a research note on Thursday, July 6th. Royal Bank Of Canada upgraded shares of Tullow Oil from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, September 26th. Finally, Credit Suisse Group upgraded shares of Tullow Oil from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold”.
Tullow Oil (OTC:TUWLF) traded up 0.41% on Wednesday, hitting $2.43. 300 shares of the stock were exchanged. The company’s 50-day moving average is $2.13 and its 200-day moving average is $2.32. Tullow Oil has a 52 week low of $1.85 and a 52 week high of $4.23. The company’s market cap is $2.98 billion.
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