Teck Resources (TSE:TECK.B – Free Report) had its price objective trimmed by Scotiabank from C$84.00 to C$78.00 in a research note issued to investors on Monday morning, BayStreet.CA reports.
TECK.B has been the subject of several other reports. TD Securities boosted their price target on Teck Resources from C$78.00 to C$80.00 in a research report on Tuesday, July 16th. BMO Capital Markets cut their target price on Teck Resources from C$80.00 to C$77.00 in a research note on Thursday, July 25th. JPMorgan Chase & Co. decreased their price target on shares of Teck Resources from C$76.00 to C$74.00 in a research report on Thursday, July 25th. Canaccord Genuity Group cut their price objective on shares of Teck Resources from C$80.00 to C$76.00 in a research report on Monday, July 22nd. Finally, National Bankshares boosted their price objective on shares of Teck Resources from C$82.50 to C$86.00 and gave the stock an outperform rating in a research note on Monday, July 15th. Eleven analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of Buy and an average price target of C$76.60.
View Our Latest Stock Report on Teck Resources
Teck Resources Trading Up 0.7 %
About Teck Resources
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates.
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