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Teekay (NYSE:TK) was downgraded by analysts at TheStreet to a “hold” rating in a research report issued to clients and investors on Monday.

A number of other firms have also recently commented on TK. Analysts at RBC Capital raised their price target on shares of Teekay from $72.00 to $80.00 in a research note on Wednesday, August 6th. They now have an “outperform” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Teekay in a research note on Tuesday, August 5th. They now have a $70.00 price target on the stock, up previously from $65.00. Finally, analysts at Jefferies Group raised their price target on shares of Teekay from $59.00 to $64.00 in a research note on Monday, July 28th. They now have a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $66.17.

Teekay (NYSE:TK) traded up 0.85% on Monday, hitting $55.47. The stock had a trading volume of 107,799 shares. Teekay has a one year low of $37.20 and a one year high of $62.77. The stock’s 50-day moving average is $58.69 and its 200-day moving average is $57.04. The company’s market cap is $3.996 billion.

Teekay (NYSE:TK) last released its earnings data on Thursday, August 7th. The company reported ($0.31) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.22) by $0.09. The company had revenue of $452.25 million for the quarter, compared to the consensus estimate of $440.50 million. During the same quarter last year, the company posted ($0.47) earnings per share. Teekay’s revenue was up 5.0% compared to the same quarter last year. Analysts expect that Teekay will post $0.50 EPS for the current fiscal year.

Teekay Corporation (NYSE:TK) is a provider of international crude oil and gas marine transportation services and it also offer offshore oil production, storage and offloading services, under long-term, fixed-rate contracts.

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