Teekay Tankers Ltd. with ticker code (TNK) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 54 and 30 and has a mean target at 43.53. Given that the stocks previous close was at 28.93 this is indicating there is a potential upside of 50.5%. The day 50 moving average is 31.36 and the 200 day MA is 24.8. The market capitalisation for the company is $1,016m. Find out more information at: https://www.teekay.com/business/tankers
The potential market cap would be $1,529m 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.
