Teekay Tankers Ltd. found using ticker (TNK) have now 6 analysts in total covering the stock. The consensus rating is ‘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. With the stocks previous close at 28.5 this now indicates there is a potential upside of 52.7%. The 50 day moving average now sits at 30.99 and the 200 moving average now moves to 25.12. The market capitalisation for the company is $1,007m. You can visit the company’s website by visiting: https://www.teekay.com/business/tankers
The potential market cap would be $1,538m 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.
