Teck Resources (TECK.B) Price Target Increased to C$45.00 by Analysts at Berenberg Bank

Teck Resources (TSE:TECK.B) had its price target increased by Berenberg Bank from C$42.00 to C$45.00 in a report published on Monday.

TECK.B has been the subject of several other research reports. CIBC raised their price objective on Teck Resources from C$38.00 to C$45.00 in a research report on Monday, January 22nd. CSFB raised their price objective on Teck Resources from C$33.56 to C$45.00 in a research report on Tuesday, January 30th. Canaccord Genuity raised their price objective on Teck Resources from C$41.00 to C$42.50 and gave the company a buy rating in a research report on Thursday, February 15th. TD Securities lowered their price objective on Teck Resources from C$45.00 to C$44.00 and set a buy rating for the company in a research report on Wednesday, January 31st. Finally, Scotiabank raised their price objective on Teck Resources from C$43.00 to C$45.00 and gave the company a focus stock rating in a research report on Thursday, February 15th. Eight equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Teck Resources has an average rating of Buy and a consensus target price of C$42.88.

Shares of TECK.B stock opened at C$32.06 on Monday. Teck Resources has a 52 week low of C$19.27 and a 52 week high of C$38.66.

Teck Resources Company Profile

Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company’s activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate.

Analyst Recommendations for Teck Resources (TSE:TECK.B)

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