Peel Hunt reiterated their hold rating on shares of Tullow Oil (LON:TLW) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

TLW has been the subject of several other reports. Peel Hunt reaffirmed a hold rating and issued a GBX 75 ($0.99) price objective on shares of Tullow Oil in a research note on Wednesday, January 15th. JPMorgan Chase & Co. lowered their price target on Tullow Oil from GBX 63 ($0.83) to GBX 26 ($0.34) and set a neutral rating for the company in a research report on Monday, April 6th. UBS Group reiterated a neutral rating on shares of Tullow Oil in a research report on Thursday, March 19th. Canaccord Genuity lifted their price target on shares of Tullow Oil from GBX 55 ($0.72) to GBX 60 ($0.79) and gave the stock a hold rating in a research note on Monday, January 20th. Finally, Royal Bank of Canada lowered shares of Tullow Oil to an underperform rating in a research report on Monday, March 16th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. Tullow Oil presently has a consensus rating of Hold and an average target price of GBX 88.93 ($1.17).

Shares of LON TLW traded up GBX 4.01 ($0.05) during mid-day trading on Tuesday, hitting GBX 20.29 ($0.27). 52,539,382 shares of the company’s stock traded hands, compared to its average volume of 9,450,000. The company has a market capitalization of $270.03 million and a P/E ratio of -0.17. Tullow Oil has a 1 year low of GBX 7.17 ($0.09) and a 1 year high of GBX 254.60 ($3.35). The company has a debt-to-equity ratio of 457.18, a current ratio of 1.01 and a quick ratio of 0.74. The company’s 50-day moving average is GBX 17.73 and its two-hundred day moving average is GBX 87.18.

About Tullow Oil

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa and South America. Its portfolio comprises 87 licenses covering 267,649 square kilometers in 17 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for Tullow Oil (LON:TLW)

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