Shares of Teck Resources Ltd (TSE:TECK.B – Get Free Report) have received a consensus rating of “Buy” from the twelve analysts that are presently covering the company, Marketbeat.com reports. Twelve investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have covered the stock in the last year is C$76.40.
TECK.B has been the subject of several analyst reports. Raymond James reduced their target price on shares of Teck Resources from C$71.00 to C$70.00 in a report on Thursday, July 25th. TD Securities raised their price objective on shares of Teck Resources from C$78.00 to C$80.00 in a research report on Tuesday, July 16th. BMO Capital Markets dropped their target price on shares of Teck Resources from C$80.00 to C$77.00 in a report on Thursday, July 25th. JPMorgan Chase & Co. decreased their price target on Teck Resources from C$76.00 to C$74.00 in a report on Thursday, July 25th. Finally, Canaccord Genuity Group lowered their price objective on Teck Resources from C$80.00 to C$76.00 in a research report on Monday, July 22nd.
Check Out Our Latest Stock Analysis on Teck Resources
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.
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