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 report published on Thursday, MarketBeat Ratings reports. The firm currently has a GBX 7 price target on the stock.

Other equities analysts have also issued reports about the company. Canaccord Genuity Group boosted their price target on Tullow Oil from GBX 14 to GBX 15 and gave the company a “hold” rating in a research note on Friday, August 14th. Peel Hunt reiterated a “buy” rating and issued a GBX 24 price objective on shares of Tullow Oil in a research note on Wednesday, August 5th. One equities research 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 12.85.

Tullow Oil Trading Down 25.9%

LON TLW opened at GBX 7.80 on Thursday. The business has a 50 day simple moving average of GBX 18.39 and a 200 day simple moving average of GBX 15.38. Tullow Oil has a one year low of GBX 3.51 and a one year high of GBX 25. The stock 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 company has a debt-to-equity ratio of -543.66, a current ratio of 0.97 and a quick ratio of 0.63.

About Tullow Oil

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.