Teck Resources Ltd. (TSE:TCK) Receives Average Recommendation of “Moderate Buy” from Brokerages

Teck Resources Ltd. (TSE:TCKGet Free Report) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

Several equities research analysts have recently issued reports on the company. UBS Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Citigroup raised shares of Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Finally, National Bank Financial downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th.

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