Shore Capital Group Reiterates "Hold" Rating for Tullow Oil (LON:TLW)

Tullow Oil (LON:TLW - Get Free Report)'s stock had its "hold" rating reaffirmed by investment analysts at Shore Capital Group in a note issued to investors on Tuesday,Digital Look reports.Separately, Canaccord Genuity Group raised their price target on Tullow Oil from GBX 7 to GBX 13 and gave the stock a "hold" rating in a research note on Wednesday, March 4th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of GBX 13.60.Check Out Our Latest Research Report on Tullow OilTullow Oil Stock Up 7.9%LON TLW traded up GBX 0.92 during trading on Tuesday, reaching GBX 12.50. 32,379,461 shares of the company's stock were exchanged, compared to its average volume of 19,415,738. The stock has a market cap of £184.38 million, a P/E ratio of -0.89, a price-to-earnings-growth ratio of -0.19 and a beta of 0.37. The company has a debt-to-equity ratio of -750.59, a quick ratio of 0.63 and a current ratio of 0.55. The company has a 50 day moving average price of GBX 12.10 and a two-hundred day moving average price of GBX 9.16. Tullow Oil has a 1 year low of GBX 3.51 and a 1 year high of GBX 21.50. Tullow Oil Company Profile (Get Free Report)Tullow is an independent energy company that is building a better future through responsible oil and gas development in Africa. Tullow's operations are focused on its core producing assets in Ghana. Tullow is committed to becoming Net Zero on its Scope 1 and 2 emissions by 2030, with a Shared Prosperity strategy that delivers lasting socio-economic benefits for its host nations. The Group is quoted on the London and Ghanaian stock exchanges symbol: TLW. For further information, please refer to: www.tullowoil.com.Featured StoriesFive stocks we like better than Tullow OilThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Tullow Oil Right Now?Before you consider Tullow Oil, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tullow Oil wasn't on the list.While Tullow Oil currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here