Teekay Tankers Ltd. found using ticker (TNK) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 16.5 with the average target price sitting at 20.07. Given that the stocks previous close was at 20.86 this now indicates there is a potential downside of -3.8%. There is a 50 day moving average of 16.25 while the 200 day moving average is 13.25. The market capitalisation for the company is $724m. Find out more information at: https://www.teekay.com/business/tankers
The potential market cap would be $697m 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.
