Teck Resources (TSE:TECK.B – Get Free Report) had its price target upped by equities research analysts at National Bankshares from C$86.00 to C$90.00 in a research note issued to investors on Tuesday, BayStreet.CA reports. National Bankshares’ price objective points to a potential upside of 30.00% from the company’s current price.
A number of other brokerages have also recently issued reports on TECK.B. Canaccord Genuity Group dropped their price objective on Teck Resources from C$80.00 to C$76.00 in a report on Monday, July 22nd. Citigroup increased their price target on shares of Teck Resources from C$64.00 to C$74.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Raymond James raised their price objective on shares of Teck Resources from C$71.00 to C$73.00 in a research report on Monday, September 30th. CIBC set a C$80.00 target price on shares of Teck Resources and gave the stock an “outperform” rating in a report on Friday, July 12th. Finally, Scotiabank raised their price target on shares of Teck Resources from C$78.00 to C$79.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. One equities research analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$77.00.
Get Our Latest Stock Analysis on TECK.B
Teck Resources Trading Up 1.7 %
Teck Resources Company Profile
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates.
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