Teck Resources Ltd (TCK.B) Insider Sells C$866,100.00 in Stock
Teck Resources Ltd (TSE:TCK.B) insider Ray Reipas sold 30,000 shares of Teck Resources stock in a transaction dated Monday, November 7th. The stock was sold at an average price of C$28.87, for a total transaction of C$866,100.00.
A number of equities research analysts have recently commented on the stock. Scotiabank set a C$18.00 price target on shares of Teck Resources and gave the stock a “sector perform” rating in a report on Friday, August 19th. Dundee Securities lifted their price target on shares of Teck Resources from C$17.00 to C$21.00 and gave the stock a “neutral” rating in a report on Thursday, August 18th. Paradigm Capital set a C$23.75 price target on shares of Teck Resources and gave the stock a “buy” rating in a report on Saturday, August 6th. Barclays PLC reiterated an “underweight” rating on shares of Teck Resources in a report on Tuesday, August 2nd. Finally, TD Securities lifted their price target on shares of Teck Resources from C$22.00 to C$24.00 and gave the stock a “buy” rating in a report on Sunday, July 31st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of C$25.21.
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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