Teck Resources Ltd (TSE:TECK.B – Get Free Report) has received a consensus recommendation of “Buy” from the eleven analysts that are presently covering the firm, MarketBeat reports. Eleven research analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$76.60.
A number of research analysts have recently issued reports on the company. Canaccord Genuity Group decreased their target price on Teck Resources from C$80.00 to C$76.00 in a research report on Monday, July 22nd. BMO Capital Markets decreased their price objective on shares of Teck Resources from C$80.00 to C$77.00 in a report on Thursday, July 25th. Eight Capital boosted their target price on shares of Teck Resources from C$72.00 to C$75.00 in a research note on Thursday, July 11th. Scotiabank decreased their price target on shares of Teck Resources from C$84.00 to C$78.00 in a research note on Monday, August 19th. Finally, JPMorgan Chase & Co. cut their price objective on Teck Resources from C$76.00 to C$74.00 in a research note on Thursday, July 25th.
View Our Latest Research Report on TECK.B
Teck Resources Stock Performance
Teck Resources Company Profile
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.
See Also
- Five stocks we like better than Teck Resources
- How to Invest in Blue Chip Stocks
- Why Dick’s Could Be a Slam Dunk for Your Investment Portfolio
- Financial Services Stocks Investing
- Introduction to Fibonacci Retracement Levels
- How Technical Indicators Can Help You Find Oversold Stocks
- Top 3 Stocks to Outperform the S&P 500 in a Downturn
Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.