Teck Resources Ltd (TSE:TCK.B) had its price objective hoisted by CSFB from C$23.00 to C$30.00 in a research report released on Monday morning. CSFB currently has an outperform rating on the stock.

Several other equities analysts have also recently issued reports on TCK.B. Paradigm Capital boosted their price objective on shares of Teck Resources from C$23.75 to C$29.00 and gave the company a buy rating in a research note on Wednesday, September 21st. Scotiabank boosted their price objective on shares of Teck Resources from C$18.00 to C$24.00 and gave the company a sector perform rating in a research note on Friday, September 9th. BMO Capital Markets boosted their price objective on shares of Teck Resources from C$16.00 to C$22.50 in a research note on Thursday, September 29th. CIBC boosted their price objective on shares of Teck Resources from C$23.00 to C$28.00 in a research note on Wednesday, September 14th. Finally, Deutsche Bank AG raised shares of Teck Resources to a buy rating in a research note on Friday, October 7th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. Teck Resources currently has an average rating of Hold and a consensus price target of C$22.17.

Teck Resources Company Profile

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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