Tullow Oil’s (TUWLF) Buy Rating Reaffirmed at Beaufort Securities
Tullow Oil (NASDAQ:TUWLF)‘s stock had its “buy” rating restated by research analysts at Beaufort Securities in a research note issued on Tuesday.
Other analysts also recently issued reports about the stock. Morgan Stanley began coverage on shares of Tullow Oil in a research report on Friday, June 10th. They set a “weight” rating on the stock. Goldman Sachs Group Inc. upgraded shares of Tullow Oil from a “neutral” rating to a “buy” rating in a research report on Friday, July 8th. Bank of America Corp. upgraded shares of Tullow Oil from a “neutral” rating to a “buy” rating in a report on Friday, August 12th. Cantor Fitzgerald downgraded shares of Tullow Oil from a “hold” rating to a “sell” rating in a report on Thursday, June 30th. Finally, Davy Research reiterated an “outperform” rating on shares of Tullow Oil in a report on Wednesday, July 6th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy”.
Shares of Tullow Oil (NASDAQ:TUWLF) traded up 0.000% during mid-day trading on Tuesday, reaching $3.214. 50 shares of the company were exchanged. The firm’s market capitalization is $2.93 billion. The company’s 50 day moving average price is $3.03 and its 200 day moving average price is $3.16. Tullow Oil has a 12 month low of $1.72 and a 12 month high of $4.29.
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