Teck Resources (TSE:TECK.B – Free Report) had its price objective trimmed by Scotiabank from C$79.00 to C$74.00 in a research report sent to investors on Friday morning, BayStreet.CA reports.
A number of other equities analysts also recently issued reports on TECK.B. CIBC set a C$80.00 price target on Teck Resources and gave the stock an “outperform” rating in a research note on Friday, July 12th. Bank of America lowered their price objective on shares of Teck Resources from C$88.00 to C$87.00 in a research note on Friday, July 5th. Jefferies Financial Group boosted their target price on shares of Teck Resources from C$80.00 to C$85.00 in a research report on Monday, July 8th. Eight Capital increased their price target on shares of Teck Resources from C$72.00 to C$75.00 in a research report on Thursday, July 11th. Finally, National Bankshares boosted their price objective on shares of Teck Resources from C$86.00 to C$90.00 in a research report on Tuesday, October 15th. One analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$76.63.
Get Our Latest Research Report on Teck Resources
Teck Resources Stock Up 1.5 %
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.
See Also
- Five stocks we like better than Teck Resources
- What is the FTSE 100 index?
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- What Investors Need to Know to Beat the Market
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is a Secondary Public Offering? What Investors Need to Know
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
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.