Tullow Oil (LON:TLW) Stock Keeps Hold Rating at Jefferies Financial Group

Tullow Oil (LON:TLW)‘s stock had its “hold” rating restated by stock analysts at Jefferies Financial Group in a report issued on Thursday, MarketBeat Ratings reports. They currently have a GBX 7 price objective on the stock. Jefferies Financial Group’s price objective indicates a potential downside of 10.26% from the stock’s current price.

TLW has been the topic of a number of other research reports. Canaccord Genuity Group increased their target price on Tullow Oil from GBX 14 to GBX 15 and gave the stock a “hold” rating in a research note on Friday, August 14th. Peel Hunt reissued a “buy” rating and set a GBX 24 target price on shares of Tullow Oil in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tullow Oil presently has a consensus rating of “Hold” and a consensus target price of GBX 12.85.

Tullow Oil Price Performance

Shares of TLW stock opened at GBX 7.80 on Thursday. Tullow Oil has a 52-week low of GBX 3.51 and a 52-week high of GBX 25. The company has a debt-to-equity ratio of -543.66, a quick ratio of 0.63 and a current ratio of 0.97. The firm has a market capitalization of £118.17 million, a P/E ratio of 19.50, a P/E/G ratio of -0.19 and a beta of 0.55. The stock has a 50 day moving average price of GBX 18.39 and a 200 day moving average price of GBX 15.40.

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.