Tullow Oil’s (TLW) “Hold” Rating Reaffirmed at Jefferies Financial Group

Tullow Oil (LON:TLW)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a research note issued to investors on Thursday, MarketBeat Ratings reports. They currently have a GBX 7 target price on the stock. Jefferies Financial Group’s price target suggests a potential downside of 10.26% from the stock’s previous close.

TLW has been the topic of several other reports. Peel Hunt restated a “buy” rating and set a GBX 24 target price on shares of Tullow Oil in a research report on Wednesday, August 5th. Canaccord Genuity Group lifted their price target on Tullow Oil from GBX 14 to GBX 15 and gave the stock a “hold” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Tullow Oil has an average rating of “Hold” and a consensus price target of GBX 12.85.

Tullow Oil Trading Down 25.9%

TLW stock opened at GBX 7.80 on Thursday. Tullow Oil has a fifty-two week low of GBX 3.51 and a fifty-two week high of GBX 25. The firm has a market cap of £118.17 million, a PE ratio of 19.50, a price-to-earnings-growth ratio of -0.19 and a beta of 0.55. The firm has a fifty day moving average price of GBX 18.39 and a 200 day moving average price of GBX 15.38. The company has a debt-to-equity ratio of -543.66, a quick ratio of 0.63 and a current ratio of 0.97.

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.