Teekay Offshore Partners LP (TOO) Earns Daily Coverage Optimism Score of

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15 July, 2017

Teekay Offshore Partners LP (NYSE:TOO) shares traded 7.44% up during most recent session to reach at the closing price of $2.6. Price Target plays a critical role when it comes to the analysis of a Stock. TheStreet upgraded Teekay LNG Partners L.P. from a c rating to a b- rating in a report on Thursday, May 18th. Walleye Trading Limited Liability Com reported 0% in Teekay Offshore Partners L.P. (NYSE:TOO). Zacks Investment Research raised shares of Teekay LNG Partners L.P. from a strong sell rating to a hold rating in a research report on Tuesday, May 2nd. Teekay Offshore Partners L.P. has a consensus rating of "Hold" and a consensus target price of $3.13.

Several other equities research analysts have also recently issued reports on the stock. The stock presently has an average rating of Hold and an average target price of $3.13. The value of the investment in Teekay LNG Partners L.P. went from $48,512,000 to $56,724,000 a change of $8,212,000 quarter over quarter. (TGP) opened at 16.70 on Friday.

12/17/2015 - Teekay Offshore Partners L.P. was downgraded to "neutral" by analysts at Seaport Global Securities. The stock's average target of $8.67 is 36.32% above today's ($6.36) share price. Avenir Corp now owns 1,332,597 shares of the shipping company's stock valued at $6,756,000 after buying an additional 95,280 shares during the period.

Teekay Offshore Partners LP on 3/30/2017 reported its EPS as $0.22 with the analysts projecting the EPS of the stock as $0.24.

Wall Street analysts are predicting that Cbl & Associates Properties (NYSE:CBL) will report earnings per share of $0.12 in their quarterly report. The company beat the analyst EPS Estimate with the difference of $-0.02. The business had revenue of $276.10 million for the quarter, compared to analyst estimates of $249.09 million.

Many analysts have provided their estimated foresights on Teekay Offshore Partners LP Earnings, with 2 analysts believing the company would generate an Average Estimate of $0.07. Royal State Bank Of Canada has invested 0% in Teekay Offshore Partners L.P. (NYSE:TOO). If you are accessing this story on another site, it was copied illegally and reposted in violation of US and worldwide copyright & trademark law. The correct version of this story can be accessed at https://www.thestockobserver.com/2017/07/12/teekay-lng-partners-l-p-nysetgp-receives-hold-rating-from-stifel-nicolaus.html. The company's quarterly revenue was down 10.0% on a year-over-year basis. However the company reported $0.22 earnings per share for the same quarter during past year. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. (ABBV) Ex-Dividend Date Scheduled for July 12, 2017" published on July 11, 2017 as well as Seekingalpha.com's news article titled: "AbbVie: "A Wonderful Company But At What Price?" with publication date: "June 21, 2017. FMR LLC owned 9.80% of Teekay Offshore Partners L.P. worth $73,256,000 as of its most recent SEC filing.

A number of institutional investors have recently made changes to their positions in the company.

At its 2015 peak, Neuberger Berman held 11.7 million shares of Teekay LNG. Teekay Offshore Partners L.P.

As of quarter end Morgan Stanley had disposed of a total of 125,133 shares trimming its stake by 3.7%. Global X Management Co. Teekay LNG Partners L.P. LLC now owns 19,822 shares of the shipping company's stock valued at $348,000 after buying an additional 564 shares during the period.

10/03/2014 - Teekay LNG Partners L.P. was downgraded to " by analysts at Raymond James. Finally, Parkside Financial Bank & Trust boosted its position in shares of Teekay Offshore Partners L.P.by 7.3% in the first quarter. Spirit of America Management Corp NY now owns 368,456 shares of the shipping company's stock valued at $6,466,000 after buying an additional 1,200 shares during the period. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.

Teekay Offshore Partners L.P. Company Profile Teekay Offshore Partners L.P.is a provider of marine transportation, oil production, storage, long-distance towing and offshore installation and maintenance and safety services to the offshore oil industry in North Sea, Brazil and the East Coast of Canada.


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