Analyst Price Target is $20.00
▲ +6.55% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Teekay Tankers in the last 3 months. The average price target is $20.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 6.55% upside from the last price of $18.77.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in Teekay Tankers. This rating has held steady since July 2021, when it changed from a Hold consensus rating.
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.