Teekay Tankers Ltd. found using ticker (TNK) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 33 and 23 calculating the average target price we see 29.47. Now with the previous closing price of 23.18 this now indicates there is a potential upside of 27.1%. The day 50 moving average is 21.36and the 200 day moving average is 15.94. The company has a market capitalisation of $818m. Visit the company website at:https://www.teekay.com/business/tankers
The potential market cap would be $1,040m 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.
