Teekay Tankers Ltd. with ticker code (TNK) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 61 and 40 and has a mean target at 50.78. Now with the previous closing price of 45 this is indicating there is a potential upside of 12.8%. The 50 day moving average now sits at 34.89 and the 200 day moving average is 28.4. The company has a market capitalisation of $1,513m. Find out more information at: https://www.teekay.com/business/tankers
The potential market cap would be $1,708m based on the market concensus.
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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.