Zacks Investment Research Upgrades Tullow Oil PLC (TUWOY) to “Buy”
Tullow Oil PLC (OTCMKTS:TUWOY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Saturday. The firm presently has a $1.75 target price on the stock. Zacks Investment Research’s price target would suggest a potential upside of 15.89% from the company’s previous close.
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. Tullow Oil PLC has a 52 week low of $0.78 and a 52 week high of $2.08. The stock’s 50 day moving average is $0.00 and its 200 day moving average is $0.00.
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