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Teekay Tankers - TNK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $63.67
  • Forecasted Upside: 69.73%
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$37.51 As of 12/20/2024 06:30 PM ET
▲ +0.3 (0.81%)

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 $63.67
▲ +69.73% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Teekay Tankers in the last 3 months. The average price target is $63.67, with a high forecast of $85.00 and a low forecast of $46.00. The average price target represents a 69.73% upside from the last price of $37.51.

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 Moderate Buy

The current consensus among 4 investment analysts is to moderate buy stock in Teekay Tankers. This rating has held steady since October 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
11/21/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/14/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$72.00 ➝ $60.00
11/13/2024Bank of AmericaReiterated RatingNeutral ➝ Underperform$51.00 ➝ $46.00
11/1/2024Bank of AmericaDowngradeBuy ➝ Neutral$57.00 ➝ $51.00
10/31/2024Jefferies Financial GroupReiterated RatingBuy ➝ Buy$72.00 ➝ $72.00
9/27/2024Fearnley FondsUpgradeStrong-Buy
8/13/2024Bank of AmericaLower TargetBuy ➝ Buy$77.00 ➝ $69.00
8/1/2024Jefferies Financial GroupReiterated RatingBuy ➝ Buy$76.00 ➝ $76.00
7/23/2024Evercore ISIBoost TargetOutperform ➝ Outperform$84.00 ➝ $85.00
5/10/2024Bank of AmericaBoost TargetBuy ➝ Buy$66.00 ➝ $79.00
5/9/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$70.00 ➝ $76.00
2/23/2024Evercore ISILower TargetOutperform ➝ Outperform$77.00 ➝ $73.00
2/22/2024Jefferies Financial GroupReiterated RatingBuy ➝ Buy$70.00
1/19/2024Bank of AmericaUpgradeNeutral ➝ Buy$56.00 ➝ $72.00
8/3/2023Jefferies Financial GroupBoost TargetBuy ➝ Buy$51.00 ➝ $54.00
2/23/2023Jefferies Financial GroupBoost TargetBuy$44.00 ➝ $51.00
11/29/2022Jefferies Financial GroupBoost TargetBuy$40.00 ➝ $44.00
11/3/2022Bank of AmericaUpgradeUnderperform ➝ Neutral
11/3/2022Jefferies Financial GroupBoost TargetBuy$35.00 ➝ $40.00
8/4/2022Jefferies Financial GroupBoost TargetBuy$25.00 ➝ $28.00
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$25.00
6/14/2022Clarkson CapitalReiterated RatingBuy
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ Buy
8/8/2021Evercore ISIReiterated RatingBuy$20.00
5/14/2021HC WainwrightReiterated RatingBuy$22.00
4/19/2021DNB MarketsReiterated RatingBuy ➝ Hold$15.00
4/12/2021DNB MarketsDowngradeBuy ➝ Hold$15.00
3/29/2021HC WainwrightInitiated CoverageBuy$22.00
1/29/2021Jefferies Financial GroupLower TargetBuy$20.00 ➝ $17.00
10/23/2020Jefferies Financial GroupLower TargetBuy$24.00 ➝ $20.00
8/14/2020Bank of AmericaDowngradeBuy ➝ Underperform$20.00 ➝ $14.00
6/2/2020Fearnley FondsDowngradeBuy ➝ Hold$15.00
5/28/2020DNB MarketsUpgradeHold ➝ Buy$21.00
3/9/2020DNB MarketsDowngradeBuy ➝ Hold$21.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.07 (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
  • 12 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 7 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 6 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 8 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 11 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 10 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 3 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
11/21/2024
  • 9 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 9 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Teekay Tankers logo
Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services. It also engages management of vessels, procurement, and equipment rental businesses. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Bermuda.
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Today's Range

Now: $37.51
Low: $36.81
High: $38.07

50 Day Range

MA: $44.99
Low: $37.18
High: $59.25

52 Week Range

Now: $37.51
Low: $36.04
High: $74.20

Volume

564,498 shs

Average Volume

359,458 shs

Market Capitalization

$1.29 billion

P/E Ratio

3.08

Dividend Yield

2.62%

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., Evercore ISI, Fearnley Fonds, Jefferies Financial Group Inc., and StockNews.com.
View the latest analyst ratings for TNK.

What is the current price target for Teekay Tankers?

0 Wall Street analysts have set twelve-month price targets for Teekay Tankers in the last year. Their average twelve-month price target is $63.67, suggesting a possible upside of 69.7%. Evercore ISI has the highest price target set, predicting TNK will reach $85.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $46.00 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 sell rating, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for TNK.

What other companies compete with Teekay Tankers?

Other companies that are similar to Teekay Tankers include Golar LNG, Frontline, Scorpio Tankers, Golden Ocean Group and SFL. Learn More about companies similar to 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 [email protected]. The official website for Teekay Tankers is www.teekay.com. Learn More about contacing Teekay Tankers investor relations.