Tullow Oil’s (TLW) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Tullow Oil (LON:TLW) in a research report sent to investors on Wednesday,Digital Look reports. The brokerage currently has a GBX 10 price objective on the stock.

TLW has been the topic of a number of other reports. Canaccord Genuity Group increased their price target on shares of Tullow Oil from GBX 14 to GBX 15 and gave the company a “hold” rating in a research report on Friday, August 14th. Peel Hunt reiterated a “buy” rating and issued a GBX 24 target price on shares of Tullow Oil in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Tullow Oil presently has a consensus rating of “Hold” and a consensus target price of GBX 13.60.

Tullow Oil Trading Down 1.5%

LON TLW opened at GBX 10.40 on Wednesday. The stock’s 50-day simple moving average is GBX 16.57 and its two-hundred day simple moving average is GBX 13.69. Tullow Oil has a twelve month low of GBX 3.51 and a twelve month high of GBX 25. The company has a quick ratio of 0.63, a current ratio of 0.97 and a debt-to-equity ratio of -543.66. The company has a market capitalization of £157.56 million, a price-to-earnings ratio of -4.73, a PEG ratio of -0.19 and a beta of 0.55.

Tullow Oil Company Profile

Tullow is an independent energy company committed to building a better future through the responsible oil and gas development of its core producing assets in Ghana. The Group is quoted on the London and Ghanaian stock exchanges (symbol: TLW).

For further information, please refer to: www.tullowoil.com.