TNK has been the subject of several other reports. Jefferies Financial Group lifted their price objective on Teekay Tankers from $35.00 to $40.00 and gave the stock a buy rating in a research report on Thursday, November 3rd. Bank of America upgraded Teekay Tankers from an underperform rating to a neutral rating in a research report on Thursday, November 3rd. Finally, TheStreet upgraded Teekay Tankers from a d+ rating to a c- rating in a research report on Thursday, August 4th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Teekay Tankers currently has an average rating of Moderate Buy and a consensus target price of $40.00.
Teekay Tankers Trading Down 5.0 %
Shares of Teekay Tankers stock opened at $32.53 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.82 and a quick ratio of 1.45. Teekay Tankers has a 1 year low of $9.89 and a 1 year high of $35.44. The company has a market capitalization of $1.10 billion, a P/E ratio of 26.45, a P/E/G ratio of 2.31 and a beta of -0.09. The business has a 50 day moving average price of $31.03 and a 200 day moving average price of $24.49.
Institutional Trading of Teekay Tankers
About Teekay Tankers
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.
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