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Teekay Tankers Analyst Ratings

Benzinga ·  Aug 3, 2023 13:10
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/03/2023 22.59% Jefferies $51 → $54 Maintains Buy
05/11/2023 15.78% Jefferies → $51 Reiterates Buy → Buy
02/23/2023 15.78% Jefferies $44 → $51 Maintains Buy
11/29/2022 -0.11% Jefferies $40 → $44 Maintains Buy
11/03/2022 -9.19% Jefferies $35 → $40 Maintains Buy
08/04/2022 -36.44% Jefferies $25 → $28 Maintains Buy
04/12/2021 -65.95% DNB Markets → $15 Downgrades Buy → Hold
03/29/2021 -50.06% HC Wainwright & Co. → $22 Maintains Buy
01/29/2021 -61.41% Jefferies $20 → $17 Maintains Buy
10/23/2020 -54.6% Jefferies $24 → $20 Maintains Buy
08/14/2020 -68.22% B of A Securities $20 → $14 Downgrades Buy → Underperform
05/28/2020 -52.33% DNB Markets → $21 Upgrades Hold → Buy
03/09/2020 DNB Markets Downgrades Buy → Hold
11/18/2019 B of A Securities Upgrades Underperform → Buy
11/14/2019 -95.46% B of A Securities $1.1 → $2 Maintains Underperform
10/23/2019 -94.32% Jefferies $1.5 → $2.5 Upgrades Hold → Buy
02/22/2019 JP Morgan Downgrades Neutral → Underweight
01/10/2019 Wells Fargo Downgrades Outperform → Market Perform
11/30/2018 DNB Markets Downgrades Buy → Hold
11/20/2018 -96.82% Wells Fargo $1.65 → $1.4 Maintains Outperform
10/01/2018 -97.73% Jefferies → $1 Initiates Coverage On → Hold

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

The latest price target for Teekay Tankers (NYSE: TNK) was reported by Jefferies on August 3, 2023. The analyst firm set a price target for $54.00 expecting TNK to rise to within 12 months (a possible 22.59% upside). 6 analyst firms have reported ratings in the last year.

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

The latest analyst rating for Teekay Tankers (NYSE: TNK) was provided by Jefferies, and Teekay Tankers maintained their buy rating.

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

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 August 3, 2023 so you should expect the next rating to be made available sometime around August 3, 2024.

Is the Analyst Rating Teekay Tankers (TNK) correct?

While ratings are subjective and will change, the latest Teekay Tankers (TNK) rating was a maintained with a price target of $51.00 to $54.00. The current price Teekay Tankers (TNK) is trading at is $44.05, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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