Teck Resources Ltd. (TSE:TCK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Teck Resources Ltd. (TSE:TCKGet Free Report) has received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.

Several research firms recently weighed in on TCK. Citigroup raised shares of Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, National Bank Financial cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, December 9th.

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