TNK: Winter Tanker Rates Will Sustain Returns Amid Fleet Expansion Risks

Analysts have raised their price target for Teekay Tankers from approximately $55.83 to $63.50. They cite a promising tanker market setup heading into winter and expectations of continued elevated rates, despite some longer-term concerns.

Analysts have raised their price target for Teekay Tankers from $53.33 to $55.83, citing improved profit margin outlook and moderating declines in revenue growth as key drivers for the increase. Valuation Changes Fair Value has increased from $53.33 to $55.83, reflecting a modest upward adjustment.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has decreased revenue growth from -14.5% to -16.7% and decreased future PE multiple from 6.5x to 5.8x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased revenue growth from -12.6% to -14.5%, increased profit margin from 28.9% to 49.0% and decreased future PE multiple from 11.4x to 6.5x.