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 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

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


17 October 2017
Flying Lotus Apologizes For Defending The Gaslamp Killer Against Rape Allegations
On Friday, hip hop Producer and DJ Gaslamp Killer was accused of drugging and raping two women back in 2013. After leading the crowd into a chant, he added, "Ain't nobody judge and jury but the fuckin' law , okay?".

17 October 2017
Hyderabad family, which went missing for a day, found dead
While two of the bodies were found in a auto parked, the other bodies were found 200 meters away in a secluded place on ORR. Locals saw the bodies and alerted the police, following which teams from the nearest police stations have reached the spot.

17 October 2017
Triumph new Street Triple RS launched in India at Rs 10.55 lakh
The bike rides on 5-spoke strong alloy wheels, which are shod with 120/70 ZR17 tyre at the front and 180/55 ZR17 tyre at the rear. The motor comes paired to a six-speed gearbox with quick-shifter which allows for clutch-less upshifts.

17 October 2017
Washington St's Leach has no plans to follow AD to Nebraska
Leach said he is interested in several specific characteristics as President Schulz leads the search for a new athletic director. The Nebraska Cornhuskers recently hired Washington State athletic director Bill Moos to the same position.

17 October 2017
Jungle Inferno Announced For Team Fortress 2
It's called Mercenary Park, and sends the disposable members of the RED and BLU teams to a failed yeti park. And that vacation involves hitting a lush tropical jungle filled with massive monsters.

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
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.

17 October 2017
Marcus Rojo is all shook up at the prospect of facing Benfica
Charlie Nicholas thinks Rashford will play and that United will beat their Champions League opponents. Benfica's 5-0 defeat at Basel last time out was actually their heaviest ever Champions League loss.

17 October 2017
Prince William reveals Prince George's favourite film
When asked what George's favourite film is the Duke said: 'He quite likes the Lion King he's watched that quite a few times'. Prince William is totally caught off guard.