Teekay Tankers Ltd. with ticker code (TNK) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 27 and 16.5 with a mean TP of 21.7. Now with the previous closing price of 17.12 this is indicating there is a potential upside of 26.8%. The 50 day moving average now sits at 18.38 while the 200 day moving average is 14.33. The company has a market capitalisation of $601m. Company Website: https://www.teekay.com/business/tankers
The potential market cap would be $762m 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.
