Teekay Tankers is a provider of marine transportation services, specializing in the transportation of crude oil and refined petroleum products. The company operates a fleet of conventional tankers and is involved in the chartering of these vessels. Major business segments include spot and time charter operations, with revenue primarily generated from long-term contracts and spot market transactions.
The investment profile of Teekay Tankers is more aligned with growth investors, given its significant revenue increase and potential for future earnings expansion. The stock may also appeal to those seeking a balanced approach, as it operates in a sector with cyclical demand.
| Date | Before | After | Reason |
|---|---|---|---|
| 2026-09-04 | — | Buy | Strong momentum and solid revenue growth support bullish outlook. |
| Date | Analyst | Action | Target | Price Then |
|---|---|---|---|---|
| 2026-05-15 | Evercore ISI | Target Lowered | 90 → 86 | 77.16 |
| 2026-04-21 | Evercore ISI | Target Raised | 84 → 90 | 73.63 |
| 2026-02-20 | Evercore ISI | Target Raised | 74 → 84 | 73.29 |
| 2025-10-28 | Evercore ISI | Target Raised | 53 → 60 | 59.465 |
| 2025-10-20 | Jefferies | Target Raised | — → 66 | 53.86 |
