Teck Resources Ltd (TSE:TCK.B)‘s stock had its “sector perform” rating restated by research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports.
TCK.B has been the topic of several other reports. Paradigm Capital boosted their price target on shares of Teck Resources from C$23.75 to C$29.00 and gave the stock a “buy” rating in a research report on Wednesday, September 21st. Scotiabank boosted their price target on shares of Teck Resources from C$18.00 to C$24.00 and gave the stock a “sector perform” rating in a research report on Friday, September 9th. CIBC boosted their price objective on Teck Resources from C$23.00 to C$28.00 in a report on Wednesday, September 14th. TD Securities boosted their price objective on Teck Resources from C$24.00 to C$30.00 and gave the stock a “buy” rating in a report on Friday, September 16th. Finally, National Bank Financial boosted their price objective on Teck Resources from C$13.50 to C$22.00 in a report on Monday, July 18th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of C$18.13.
About Teck Resources
Teck Resources Limited is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company operates through five segments: steelmaking coal, copper, zinc, energy and corporate. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company exports seaborne steelmaking coal and produces mined zinc.
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