Teekay Tankers - TNK Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $51.00
  • Forecasted Upside: 39.27%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$36.62
▼ -1.17 (-3.10%)

This chart shows the closing price for TNK by one month, three months, or twelve months.

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Analyst Price Target for TNK

Analyst Price Target is $51.00
▲ +39.27% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Teekay Tankers in the last 3 months. The average price target is $51.00, with a high forecast of $51.00 and a low forecast of $51.00. The average price target represents a 39.27% upside from the last price of $36.62.

This chart shows the closing price for TNK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 3 investment analysts is to buy stock in Teekay Tankers. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/12/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/12/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/8/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/7/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/6/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/5/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/23/2023Jefferies Financial GroupBoost TargetBuy$44.00 ➝ $51.00Low
11/29/2022Jefferies Financial GroupBoost TargetBuy$40.00 ➝ $44.00Low
11/3/2022Bank of AmericaUpgradeUnderperform ➝ NeutralLow
11/3/2022Jefferies Financial GroupBoost TargetBuy$35.00 ➝ $40.00Low
8/4/2022Jefferies Financial GroupBoost TargetBuy$25.00 ➝ $28.00Low
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$25.00Low
6/14/2022Clarkson CapitalReiterated RatingBuyHigh
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ BuyHigh
8/8/2021Evercore ISIReiterated RatingBuy$20.00High
5/14/2021HC WainwrightReiterated RatingBuy$22.00High
4/19/2021DNB MarketsReiterated RatingBuy ➝ Hold$15.00N/A
4/12/2021DNB MarketsDowngradeBuy ➝ Hold$15.00High
3/29/2021HC WainwrightInitiated CoverageBuy$22.00High
1/29/2021Jefferies Financial GroupLower TargetBuy$20.00 ➝ $17.00Low
10/23/2020Jefferies Financial GroupLower TargetBuy$24.00 ➝ $20.00High
8/14/2020Bank of AmericaDowngradeBuy ➝ Underperform$20.00 ➝ $14.00Low
6/2/2020Fearnley FondsDowngradeBuy ➝ Hold$15.00Low
5/28/2020DNB MarketsUpgradeHold ➝ Buy$21.00High
3/9/2020DNB MarketsDowngradeBuy ➝ Hold$21.00High
11/27/2019Bank of AmericaUpgradeUnderperform ➝ BuyLow
11/18/2019Bank of AmericaUpgradeUnderperform ➝ Buy$24.00High
11/17/2019Evercore ISIReiterated RatingBuy$28.00Medium
10/23/2019Jefferies Financial GroupUpgradeHold ➝ BuyHigh
2/22/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$8.00High
2/12/2019DNB MarketsUpgradeHold ➝ BuyHigh
1/10/2019Wells Fargo & CompanyDowngradeOutperform ➝ Market PerformHigh
11/30/2018DNB MarketsDowngradeBuy ➝ HoldHigh
11/20/2018Wells Fargo & CompanyLower TargetOutperform ➝ Outperform$13.20 ➝ $11.20High
11/19/2018Wells Fargo & CompanySet TargetBuy$8.00High
10/1/2018Jefferies Financial GroupInitiated CoverageHold$8.00High
8/23/2018Wells Fargo & CompanyReiterated RatingBuyLow
6/18/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ OutperformHigh
6/13/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$8.80 ➝ $10.40High
(Data available from 6/5/2018 forward)

News Sentiment Rating

0.70 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
11/7/2022
  • 3 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
12/7/2022
  • 8 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/6/2023
  • 5 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
2/5/2023
  • 3 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/7/2023
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
4/6/2023
  • 6 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2023
  • 7 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/5/2023

Current Sentiment

  • 7 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Teekay Tankers logo
Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. It operates through the Tanker and Ship-to-Ship (STS) Transfer segment. The Tanker segment includes the operations of all the tankers, including those employed on full service lightering contracts. The STS Transfer segment offers lightering support services provided to conventional tanker segment as part of the full service lightering operations. The company was founded in October 2007 and is headquartered in Vancouver, Canada.
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Today's Range

Now: $36.62
Low: $36.38
High: $37.10

50 Day Range

MA: $40.05
Low: $36.13
High: $45.03

52 Week Range

Now: $36.62
Low: $14.90
High: $48.05

Volume

124,324 shs

Average Volume

510,682 shs

Market Capitalization

$1.24 billion

P/E Ratio

3.06

Dividend Yield

2.65%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Teekay Tankers?

The following Wall Street research analysts have issued stock ratings on Teekay Tankers in the last twelve months: Bank of America Co., Clarkson Capital, Jefferies Financial Group Inc., StockNews.com, and TheStreet.
View the latest analyst ratings for TNK.

What is the current price target for Teekay Tankers?

1 Wall Street analysts have set twelve-month price targets for Teekay Tankers in the last year. Their average twelve-month price target is $51.00, suggesting a possible upside of 39.3%. Jefferies Financial Group Inc. has the highest price target set, predicting TNK will reach $51.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $51.00 for Teekay Tankers in the next year.
View the latest price targets for TNK.

What is the current consensus analyst rating for Teekay Tankers?

Teekay Tankers currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TNK will outperform the market and that investors should add to their positions of Teekay Tankers.
View the latest ratings for TNK.

What other companies compete with Teekay Tankers?

How do I contact Teekay Tankers' investor relations team?

Teekay Tankers' physical mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM08. The shipping company's listed phone number is (441) 298-2530 and its investor relations email address is investor.r[email protected]. The official website for Teekay Tankers is www.teekay.com. Learn More about contacing Teekay Tankers investor relations.