Teekay Tankers Ltd. with ticker code (TNK) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 33 and 20 calculating the average target price we see 27.8. With the stocks previous close at 25.23 this is indicating there is a potential upside of 10.2%. The day 50 moving average is 20.26 while the 200 day moving average is 15.4. The company has a market capitalisation of $838m. Find out more information at: https://www.teekay.com/business/tankers
The potential market cap would be $924m based on the market concensus.
Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.
