Jefferies Group LLC Downgrades Tullow Oil (TUWLF) to Hold
Tullow Oil (OTC:TUWLF) was downgraded by research analysts at Jefferies Group LLC from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, StockTargetPrices.com reports.
Separately, Sanford C. Bernstein downgraded shares of Tullow Oil from an “outperform” rating to a “mkt perform” rating in a report on Thursday, July 6th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold”.
Tullow Oil (TUWLF) remained flat at $2.05 during mid-day trading on Tuesday. Tullow Oil has a 52-week low of $1.85 and a 52-week high of $4.23. The stock’s market capitalization is $2.52 billion. The firm has a 50-day moving average price of $2.08 and a 200 day moving average price of $2.54.
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