Investment Analysts’ Recent Ratings Updates for Teck Resources (TECK.B)

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A number of research firms have changed their ratings and price targets for Teck Resources (TSE: TECK.B):

  • 10/30/2018 – Teck Resources had its price target lowered by analysts at CIBC from C$44.00 to C$43.00.
  • 10/26/2018 – Teck Resources had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a C$44.00 price target on the stock.
  • 10/26/2018 – Teck Resources had its price target lowered by analysts at TD Securities from C$46.00 to C$43.00. They now have a “buy” rating on the stock.
  • 10/26/2018 – Teck Resources had its price target lowered by analysts at JPMorgan Chase & Co. from C$53.00 to C$49.50.
  • 10/10/2018 – Teck Resources had its “overweight” rating reaffirmed by analysts at Barclays PLC.
  • 10/5/2018 – Teck Resources had its price target lowered by analysts at Raymond James from C$46.00 to C$44.00.

Shares of Teck Resources stock traded up C$0.18 during trading on Tuesday, hitting C$27.47. The company’s stock had a trading volume of 1,384,511 shares, compared to its average volume of 1,990,000. Teck Resources Ltd has a 52 week low of C$19.27 and a 52 week high of C$38.66.

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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