Teck Resources Ltd (TSE:TCK.B) had its price target boosted by Dundee Securities from C$21.00 to C$31.50 in a report published on Friday. The firm currently has a buy rating on the stock.

A number of other analysts have also recently commented on the stock. Barclays PLC restated an underweight rating on shares of Teck Resources in a report on Tuesday, August 2nd. TD Securities lifted their price target on Teck Resources from C$22.00 to C$24.00 and gave the stock a buy rating in a research report on Sunday, July 31st. Scotiabank lifted their price target on Teck Resources from C$17.00 to C$18.00 and gave the stock a sector perform rating in a research report on Friday, July 29th. CIBC lifted their price target on Teck Resources from C$16.00 to C$23.00 in a research report on Friday, July 29th. Finally, Canaccord Genuity lifted their price target on Teck Resources from C$16.50 to C$19.50 in a research report on Friday, July 29th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of C$19.44.

Analyst Recommendations for Teck Resources (TSE:TCK.B)

About Teck Resources

Teck Resources Limited is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company operates through five segments: steelmaking coal, copper, zinc, energy and corporate. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company exports seaborne steelmaking coal and produces mined zinc.

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