Kier Group PLC (LON:KIE) “Buy” Rating Maintained by Peel Hunt; With GBX 1600.00 Target; Brookfield Asset Management Has Raised Teekay Offshore Partners LP (TOO) Stake

Teekay Offshore Partners L.P. (NYSE:TOO) Logo

Peel Hunt currently has a GBX 1600.00 target price on the 1.03 billion GBP market cap company or 50.52% upside potential. In analysts note shared with investors on Monday morning, Kier Group PLC (LON:KIE) stock had its “Buy” Rating reiterated by equity analysts at Peel Hunt.

Brookfield Asset Management Inc increased Teekay Offshore Partners Lp (TOO) stake by 139163.84% reported in 2017Q4 SEC filing. Brookfield Asset Management Inc acquired 243.82 million shares as Teekay Offshore Partners Lp (TOO)’s stock rose 1.75%. The Brookfield Asset Management Inc holds 244.00 million shares with $575.84M value, up from 175,207 last quarter. Teekay Offshore Partners Lp now has $1.14B valuation. The stock decreased 1.45% or $0.04 during the last trading session, reaching $2.71. About 220,220 shares traded. Teekay Offshore Partners L.P. (NYSE:TOO) has declined 51.56% since April 30, 2017 and is downtrending. It has underperformed by 63.11% the S&P500.

Among 9 analysts covering Teekay Offshore (NYSE:TOO), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Teekay Offshore had 17 analyst reports since August 4, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, August 4 by Global Hunter Securities. On Monday, February 12 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. The company was maintained on Thursday, August 13 by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, July 26 by Citigroup. The company was maintained on Thursday, December 17 by RBC Capital Markets. As per Friday, July 28, the company rating was downgraded by Raymond James. The firm has “Buy” rating given on Monday, June 20 by UBS. The firm earned “Underperform” rating on Thursday, December 17 by Bank of America. The firm earned “Neutral” rating on Friday, August 7 by Citigroup. The firm has “Outperform” rating by Wells Fargo given on Thursday, September 14.

Investors sentiment decreased to 0.79 in Q4 2017. Its down 0.11, from 0.9 in 2017Q3. It is negative, as 14 investors sold TOO shares while 20 reduced holdings. 15 funds opened positions while 12 raised stakes. 73.81 million shares or 3.75% more from 71.14 million shares in 2017Q3 were reported. California Pub Employees Retirement has 73,100 shares for 0% of their portfolio. Gsa Capital Prtnrs Llp invested in 0% or 19,201 shares. Two Sigma Securities Limited Liability stated it has 0% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO). Invesco Limited reported 0% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO). Advisory Research Inc holds 13,795 shares or 0% of its portfolio. Benchmark Capital holds 0.13% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO) for 70,500 shares. The Illinois-based Group One Trading Limited Partnership has invested 0% in Teekay Offshore Partners L.P. (NYSE:TOO). Wells Fargo & Mn invested in 0% or 14,687 shares. Hbk LP invested in 0% or 14,300 shares. Morgan Stanley holds 0% or 395,702 shares. The Illinois-based Guggenheim Ltd Company has invested 0.01% in Teekay Offshore Partners L.P. (NYSE:TOO). Benjamin F Edwards reported 0% stake. Natixis holds 25,000 shares. First Manhattan Commerce reported 0.04% of its portfolio in Teekay Offshore Partners L.P. (NYSE:TOO). Fmr Limited Liability Corp owns 27.12 million shares.

Kier Group plc provides construction services in the United Kingdom, the Middle East, the Far East, and Australia. The company has market cap of 1.03 billion GBP. The firm operates in four divisions: Property, Residential, Construction, and Services. It currently has negative earnings. It offers construction services, including civil engineering, construction management, design and build, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.