Teck Resources Ltd (TSE:TECK.B) had its price target reduced by TD Securities from C$41.00 to C$38.00 in a research report released on Friday, October 27th. They currently have a buy rating on the stock.
Several other research analysts have also issued reports on TECK.B. Scotiabank reaffirmed an outperform rating and set a C$38.00 target price on shares of Teck Resources in a research report on Thursday, September 7th. Raymond James Financial, Inc. upped their target price on Teck Resources from C$33.00 to C$36.00 and gave the company an outperform rating in a research note on Thursday, September 7th. J P Morgan Chase & Co upped their price objective on Teck Resources from C$31.00 to C$41.00 in a report on Thursday, September 7th. CSFB raised their price objective on shares of Teck Resources from C$30.00 to C$36.00 in a research note on Thursday, August 24th. Finally, Eight Capital restated a buy rating on shares of Teck Resources in a research report on Thursday, August 17th. Fourteen analysts have rated the stock with a buy rating, Teck Resources currently has a consensus rating of Buy and a consensus target price of C$37.07.
Shares of Teck Resources (TECK.B) opened at C$27.28 on Friday. Teck Resources has a one year low of C$19.27 and a one year high of C$35.67.
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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.
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