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Teekay Tankers

TNKNYSE
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$62.61
00.00%
Pre-Market: Jul 26, 4:00 PM EDT
15 minutes delayed
Q2 2024 Earnings in 3 days from now on Thu Aug 1st, before the market open
Conference call scheduled in 3 days at 11:00 AM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$85.00
Lowest Price Target1
$76.00
Consensus Price Target1
$80.00

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Teekay Tankers (NYSE:TNK) Stock, Analyst Ratings, Price Targets, Forecasts

Teekay Tankers Ltd has a consensus price target of $80 based on the ratings of 3 analysts. The high is $85 issued by Evercore ISI Group on July 23, 2024. The low is $76 issued by Jefferies on May 9, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, B of A Securities, and Jefferies on July 23, 2024, May 10, 2024, and May 9, 2024, respectively. With an average price target of $80 between Evercore ISI Group, B of A Securities, and Jefferies, there's an implied 27.78% upside for Teekay Tankers Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
0
0
0
0
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
B of A Securities
Jefferies

1calculated from analyst ratings

Analyst Ratings for Teekay Tankers

Buy NowGet Alert
07/23/2024Buy Now35.76%Evercore ISI Group
Jonathan Chappell
$84 → $85MaintainsOutperformGet Alert
05/10/2024Buy Now26.18%B of A Securities
Ken Hoexter
$66 → $79MaintainsBuyGet Alert
05/09/2024Buy Now21.39%Jefferies
Omar Nokta
$70 → $76MaintainsBuyGet Alert
02/23/2024Buy Now16.59%Evercore ISI Group
Jonathan Chappell
$77 → $73MaintainsOutperformGet Alert
02/22/2024Buy Now11.8%Jefferies
Omar Nokta
→ $70ReiteratesBuy → BuyGet Alert
01/19/2024Buy Now15%B of A Securities
Ken Hoexter
$56 → $72UpgradeNeutral → BuyGet Alert
08/03/2023Buy Now-13.75%Jefferies
Omar Nokta
$51 → $54MaintainsBuyGet Alert
05/11/2023Buy Now-18.54%Jefferies
Omar Nokta
→ $51ReiteratesBuy → BuyGet Alert
02/23/2023Buy Now-18.54%Jefferies
Omar Nokta
$44 → $51MaintainsBuyGet Alert
11/29/2022Buy Now-29.72%Jefferies
Omar Nokta
$40 → $44MaintainsBuyGet Alert
11/03/2022Buy Now-36.11%Jefferies
Omar Nokta
$35 → $40MaintainsBuyGet Alert
08/04/2022Buy Now-55.28%Jefferies
Omar Nokta
$25 → $28MaintainsBuyGet Alert

FAQ

Q

What is the target price for Teekay Tankers (TNK) stock?

A

The latest price target for Teekay Tankers (NYSE:TNK) was reported by Evercore ISI Group on July 23, 2024. The analyst firm set a price target for $85.00 expecting TNK to rise to within 12 months (a possible 35.76% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Teekay Tankers (TNK)?

A

The latest analyst rating for Teekay Tankers (NYSE:TNK) was provided by Evercore ISI Group, and Teekay Tankers maintained their outperform rating.

Q

When was the last upgrade for Teekay Tankers (TNK)?

A

The last upgrade for Teekay Tankers Ltd happened on January 19, 2024 when B of A Securities raised their price target to $72. B of A Securities previously had a neutral for Teekay Tankers Ltd.

Q

When was the last downgrade for Teekay Tankers (TNK)?

A

There is no last downgrade for Teekay Tankers.

Q

When is the next analyst rating going to be posted or updated for Teekay Tankers (TNK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Teekay Tankers, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Teekay Tankers was filed on July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.

Q

Is the Analyst Rating Teekay Tankers (TNK) correct?

A

While ratings are subjective and will change, the latest Teekay Tankers (TNK) rating was a maintained with a price target of $84.00 to $85.00. The current price Teekay Tankers (TNK) is trading at is $62.61, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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