Teck Resources (TSE:TCK – Get Free Report) was downgraded by equities researchers at UBS Group from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.
A number of other analysts have also recently issued reports on TCK. TD Securities upgraded shares of Teck Resources to a “strong-buy” rating in a research note on Tuesday, July 16th. Paradigm Capital upgraded Teck Resources to a “moderate buy” rating in a report on Friday, July 26th. BMO Capital Markets upgraded Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 15th. Finally, Citigroup raised Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
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Teck Resources Price Performance
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