Tullow Oil PLC (TUWOY) Raised to Buy at Zacks Investment Research
Tullow Oil PLC (OTCMKTS:TUWOY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday. The firm currently has a $1.75 target price on the stock. Zacks Investment Research’s target price would suggest a potential upside of 15.89% from the stock’s current price.
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. “
Shares of Tullow Oil PLC (OTCMKTS:TUWOY) opened at 1.51 on Friday. The firm has a 50-day moving average of $0.00 and a 200-day moving average of $0.00. Tullow Oil PLC has a one year low of $0.78 and a one year high of $2.08.
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