TD Securities Increases Teck Resources Ltd (TECK.B) Price Target to C$41.00
Teck Resources Ltd (TSE:TECK.B) had its price objective increased by equities researchers at TD Securities from C$37.00 to C$41.00 in a research report issued on Friday. The brokerage presently has a “buy” rating on the stock.
Several other equities research analysts have also issued reports on TECK.B. Eight Capital reissued a “buy” rating on shares of Teck Resources in a report on Thursday, August 17th. Scotiabank set a C$33.00 price target on shares of Teck Resources and gave the company an “outperform” rating in a report on Tuesday, August 8th. CSFB boosted their price target on shares of Teck Resources from C$30.00 to C$36.00 in a report on Thursday. Royal Bank Of Canada lowered their price target on shares of Teck Resources from C$37.00 to C$36.00 and set an “outperform” rating on the stock in a report on Friday, July 28th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$41.00 price target on shares of Teck Resources in a report on Monday, June 19th. Thirteen equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and a consensus target price of C$36.62.
Teck Resources Company Profile
Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company’s activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate.
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