Teekay Tankers downgraded by BofA Securities with a new price target
$TNK
Marine Transportation
Consumer Discretionary
BofA Securities downgraded Teekay Tankers from Neutral to Underperform and set a new price target of $46.00 from $51.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $51.00 → $46.00 | Neutral → Underperform | BofA Securities |
| 11/1/2024 | Buy → Neutral | BofA Securities | |
| 1/19/2024 | $56.00 → $72.00 | Neutral → Buy | BofA Securities |
| 7/21/2022 | $25.00 | Buy | Jefferies |
| 4/27/2022 | $18.00 → $19.00 | Buy | Jefferies |
144 - TEEKAY TANKERS LTD. (0001419945) (Subject)
144 - TEEKAY TANKERS LTD. (0001419945) (Subject)
144 - TEEKAY TANKERS LTD. (0001419945) (Subject)
Evercore ISI Group analyst Jonathan Chappell maintains Teekay Tankers (NYSE:TNK) with a Outperform and raises the price target from $84 to $85.
As of May 22, 2024, five stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. NextDecade Corporation (NASDAQ:NEXT) On May 20, Abu Dhabi Oil & Gas giant ADNOC announced it secur
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Teekay Tankers (NYSE:TNK) in the last three months. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 0 0 0 Analysts have recently evaluated Teekay Tankers and provided 12-month price targets. The average target is $74.5, accompanied by a high estimate of $79.00 and a low estimate of $70.00. This upward trend is
SC 13D/A - TEEKAY TANKERS LTD. (0001419945) (Subject)
SC 13D/A - TEEKAY TANKERS LTD. (0001419945) (Subject)
SC 13G/A - TEEKAY TANKERS LTD. (0001419945) (Subject)
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) today reported the Company's results for the quarter ended September 30, 2024 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended September 30, 2024. The cash dividend is payable on November 22, 2024 to all shareholders of record as at November 12, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here. About Teekay Tankers Teekay Tankers has a fleet of 42 double-hull tankers (including 24 Suezmax tankers and 18 Aframax / LR2 tankers), and has six time
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here. Special Dividend The Company's Board of Directors declares a one-time special cash dividend in the amount of $1.00 per outstanding common share. This dividend is payable on December 18, 2024 to all Teekay shareholders of record on December 4, 2024. New Share Repurchase Program The Company's Board of Directors has authorized a new share repurchase program for the repurchase of up to $40 million of
HAMILTON, Bermuda, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the third quarter of 2024 after market close on Wednesday, October 30, 2024. Teekay Group plans to host a conference call on Thursday, October 31, 2024 at 11:00 a.m. (ET) to discuss its results for the third quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838, or 1(647) 794-4605 if outside of North America, and quoting conference ID code 6243411.B
HAMILTON, Bermuda, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the following senior management changes following a strategic review to simplify the management structure of the Teekay Group: Teekay Tankers' President and Chief Executive Officer, Kevin Mackay, and Chief Financial Officer, Stewart Andrade, will transition out of the organization by August 31, 2024.Kenneth Hvid, Teekay's President and Chief Executive Officer and Teekay Tankers' Chairman, will take on the added role of Teekay Tankers' President and Chief Executive Officer (CEO). Brody Speers, Teekay'
HAMILTON, Bermuda, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced Vince Lok's retirement as Teekay's Executive Vice President and Chief Financial Officer effective January 1, 2023, after nearly 30 years with the Company, including the past 16 years as Teekay's Group CFO. Upon Mr. Lok's retirement, Mr. Brody Speers, Vice President, Finance & Treasurer, will be assuming Mr. Lok's responsibilities, along with continuing to oversee Teekay's Finance, Accounting and Tax teams. Mr. Lok has agreed to stay on as an advisor through the end of 2023 to help ensure a smooth transition as well as support the Company's strategic initiatives. Kenne
BofA Securities downgraded Teekay Tankers from Neutral to Underperform and set a new price target of $46.00 from $51.00 previously
BofA Securities downgraded Teekay Tankers from Buy to Neutral
BofA Securities upgraded Teekay Tankers from Neutral to Buy and set a new price target of $72.00 from $56.00 previously
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) today reported the Company's results for the quarter ended September 30, 2024 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended September 30, 2024. The cash dividend is payable on November 22, 2024 to all shareholders of record as at November 12, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here. About Teekay Tankers Teekay Tankers has a fleet of 42 double-hull tankers (including 24 Suezmax tankers and 18 Aframax / LR2 tankers), and has six time
HAMILTON, Bermuda, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay or the Company) (NYSE:TK) today reported results for the three months ended September 30, 2024. The full earnings release and Teekay Group's earnings presentation are available on the Company's website here. Special Dividend The Company's Board of Directors declares a one-time special cash dividend in the amount of $1.00 per outstanding common share. This dividend is payable on December 18, 2024 to all Teekay shareholders of record on December 4, 2024. New Share Repurchase Program The Company's Board of Directors has authorized a new share repurchase program for the repurchase of up to $40 million of
HAMILTON, Bermuda, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the third quarter of 2024 after market close on Wednesday, October 30, 2024. Teekay Group plans to host a conference call on Thursday, October 31, 2024 at 11:00 a.m. (ET) to discuss its results for the third quarter of 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options: By dialing 1(800) 239-9838, or 1(647) 794-4605 if outside of North America, and quoting conference ID code 6243411.B