Teekay Tankers Ltd. found using ticker (TNK) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 54 and 23 with a mean TP of 34.3. Given that the stocks previous close was at 29.46 this indicates there is a potential upside of 16.4%. There is a 50 day moving average of 26.67 while the 200 day moving average is 18.36. The company has a market cap of $1,028m. You can visit the company’s website by visiting: https://www.teekay.com/business/tankers
The potential market cap would be $1,196m 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.
