Teck Resources Ltd. (TSE:TCK) Given Average Rating of “Hold” by Brokerages

Teck Resources Ltd. (TSE:TCKGet Free Report) has received a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have given a strong buy recommendation to the company.

TCK has been the subject of a number of recent research reports. Canaccord Genuity Group cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 8th. Scotiabank downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 6th. UBS Group raised shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. Veritas lowered shares of Teck Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Finally, Natl Bk Canada cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th.

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About Teck Resources

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Trillium Acquisition Corp is a capital pool company.

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