Economy

How Many Teekay Corporation (NYSE:TK)'s Analysts Are Bullish?

How Many Teekay Corporation (NYSE:TK)'s Analysts Are Bullish?”

The Blackstone Group L.P. had 52 analyst reports since August 9, 2015 according to SRatingsIntel.

Golar LNG Limited now has a consensus price target of $34.67, suggesting a potential upside of 66.51%.

Shares of Teekay LNG Partners L.P. The Eagle Global Advisors Llc holds 11.59M shares with $33.26 million value, up from 11.01M last quarter. Comparatively, 38.1% of Teekay LNG Partners L.P. shares are owned by institutional investors. CNH Partners LLC now owns 20,519 shares of the shipping company's stock valued at $315,000 after acquiring an additional 200 shares during the period.

Currently Teekay Offshore Partners LP (NYSE:TOO)'s shares owned by insiders are 42.6%, whereas shares owned by institutional owners are 44.2%. The stock decreased 0.81% or $0.15 on October 13, reaching $18.3. Engineers Gate Manager LP purchased a new position in shares of Teekay Corporation during the second quarter valued at approximately $865,000. Berson & Corrado Investment Advisors, LLC claims 300,009 shares worth $5,340,000. The value of the investment in Teekay LNG Partners L.P. went from $2,666,000 to $2,715,000 increasing 1.8% quarter to quarter. (NYSE TGP) opened at 18.35 on Tuesday. Co. boosted its holdings in Teekay LNG Partners L.P.by 9.5% during the 2nd quarter.

It is now trading at $18.30 which is a tad above $17.46, the stock's 50 day moving average and just above the 200 day moving average of $16.87. Personal Capital Advisors Corp who had been investing in Norfolk Southern Corp for a number of months, seems to be bullish on the $37.94 billion market cap company.

Teekay Offshore Partners L.P. was upgraded to "outperform" by analysts at Wells Fargo. (NYSE:TGP) last released its earnings results on Thursday, August 3rd. 283.35 million shares or 0.22% more from 282.74 million shares in 2017Q1 were reported. The business had revenue of $513.90 million during the quarter, compared to analyst estimates of $503.65 million. Equities analysts forecast that Teekay Corporation will post ($1.26) EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 10th. Shareholders of record on Friday, November 3rd will be issued a dividend of $0.14 per share. This dividend represents a yield of $2.47 which is the dividend as a percentage of the current share price. The ex-dividend date will be on Wednesday the 2nd of August 2017. Morgan Stanley reported 0% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO).

TRADEMARK VIOLATION NOTICE: This piece of content was published by Week Herald and is the property of of Week Herald. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & worldwide copyright & trademark law. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/stifel-nicolaus-reaffirms-hold-rating-for-teekay-lng-partners-l-p-tgp/1715493.html.

A number of research analysts recently issued reports on TGP shares. BidaskClub raised Teekay LNG Partners L.P. from a strong sell rating to a sell rating in a research report on Friday, June 30th. Zacks Investment Research downgraded Teekay LNG Partners L.P. from a "hold" rating to a "strong sell" rating in a report on Friday, July 28th.

12/17/2015 - Teekay Offshore Partners L.P. was downgraded to "neutral" by analysts at Seaport Global Securities. Over the past twelve months, Teekay LNG Partners L.P. (NYSE:TGP)'s stock was 26.64%.

Jefferies Group LLC reaffirmed their hold rating on shares of Teekay Corporation (NYSE:TK) in a research report sent to investors on Thursday morning. The company has an average rating of "Hold" and a consensus price target of $6.75.

Among 7 analysts covering Teekay LNG Partners L.P. Its fleet consists of over 30 shuttle tankers, such as over three chartered-in vessels and a HiLoad Dynamic Positioning unit, over six FPSO units, approximately seven FSO units, over six long-distance towing and offshore installation vessels, a UMS and over two conventional oil tankers.



Like this

Latest


17 October 2017
Indonesian Legendary Goalkeeper Choirul Huda died during the football match
Indonesian goalkeeper Choirul Huda died following an on-pitch collision with a teammate on Sunday. Soon after he was stretchered off the field, the condition worsened and he was pronounced dead.

17 October 2017
Nicole Kidman explains her kiss with Alexander Skarsgård at the Emmys
Nothing to see here! Let it be said: Nicole Kidman made it through the 2017 Emmy Awards without any weird clapping moments . For the latest celebrity entertainment, news and lifestyle videos, subscribe to Us Weekly's YouTube Page .

17 October 2017
The Pussycat Dolls Was a "Prostitution Ring", Says Former Member Kaya Jones
Jones has stated and they are nothing more than disgusting, ridiculous lies", Antin said to Entertainment Tonight . Severe enough to that I turn my back on my dreams, the members of the group and a contract of $ 13 million.

17 October 2017
Google launches personalized phishing protection and updated Security Checkup tool
If that key is lost Google said users would have to pass through a much more arduous process to regain entry to their accounts. Google wants to make account-holders more aware of online security protections available to them.

17 October 2017
German neo-Nazi Convicted of Holocaust Denial - Again
Haverbeck was most recently convicted of Holocaust denial in September 2016, when she was sentenced to eight months in prison. Holocause denial is a criminal offence in Germany and carries a custodial sentence of up to five years.

17 October 2017
Chelsea team predicted: Expected Chelsea line up to face Roma
It is important for us to understand we are trying to build something important for the future. Conte needs to find a solution, or we'll be out of this title race in a matter of weeks.

17 October 2017
Enterprise Products Partners LP (NYSE:EPD) Under Analyst Spotlight
Bernstein reissued an outperform rating on shares of Enterprise Products Partners L.P.in a research note on Thursday, August 10th. The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings .

17 October 2017
Sipho 'Brickz' Ndlovu to be sentenced
They say Ndlovu is not a repeat offender or a threat to society, and he shows potential for rehabilitation. South African kwaito star Sipho " Brickz " Ndlovu has been sentenced to 15 years of imprisonment.

17 October 2017
Sreesanth's life ban to stay, 'worst decision ever,' says tainted cricketer
He expressed his wish to represent India once again and also spoke about his plans of playing for Kerala in the Ranji Trophy . The division bench of the court cancelled the single bench's order acquitting him in the 2013 match-fixing case against him.

17 October 2017
Indicator Spotter: Watching the Numbers on Shares of Restaurant Brands International Inc
Finally, JPMorgan Chase & Co. raised its position in shares of Restaurant Brands International by 0.6% during the second quarter. Many investors will choose to look at all the technical indicators while some will zoom in on a few hand-picked ones.