Tullow Oil PLC (TUWOY) Lowered to Hold at Zacks Investment Research

Zacks Investment Research cut shares of Tullow Oil PLC (OTCMKTS:TUWOY) from a buy rating to a hold rating in a report published on Tuesday.

According to Zacks, “Tullow Oil plc operates as an independent oil and gas exploration and production company in Europe. Tullow has a large portfolio of exploration and production assets with a focus on balanced long-term growth. Tullow Oil plc is headquartered in London, the United Kingdom. “

Separately, Goldman Sachs Group Inc. upgraded shares of Tullow Oil PLC from a neutral rating to a buy rating in a research note on Thursday, July 7th.

Shares of Tullow Oil PLC (OTCMKTS:TUWOY) opened at 1.696 on Tuesday. Tullow Oil PLC has a 12 month low of $0.78 and a 12 month high of $2.08. The company’s 50 day moving average is $1.51 and its 200 day moving average is $1.55. The company’s market cap is $3.09 billion.

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