Teck Resources (TSE:TCK) Stock Rating Lowered by UBS Group

UBS Group lowered shares of Teck Resources (TSE:TCKFree Report) from a strong-buy rating to a hold rating in a research report report published on Monday,Zacks.com reports.

A number of other research analysts have also weighed in on TCK. Citigroup raised shares of Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. BMO Capital Markets raised Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, July 15th. Paradigm Capital upgraded Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. Finally, TD Securities raised shares of Teck Resources to a “strong-buy” rating in a report on Tuesday, July 16th. Three investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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