Scotiabank Boosts Earnings Estimates for Teck Resources

Teck Resources Ltd. (TSE:TCK – Free Report) – Equities researchers at Scotiabank lifted their FY2027 earnings per share (EPS) estimates for shares of Teck Resources in a report issued on Monday, November 2nd. Scotiabank analyst O. Wowkodaw now expects that the company will earn $4.68 per share for the year, up from their prior forecast of $4.38.

Separately, Raymond James Financial upgraded shares of Teck Resources from a “hold” rating to a “moderate buy” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Teck Resources currently has an average rating of “Moderate Buy”.

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Trillium Acquisition Corp is a capital pool company.

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