Teck Resources’ (TECK.B) Outperform Rating Reiterated at Scotiabank
A number of other research firms have also issued reports on TECK.B. Eight Capital reissued a buy rating on shares of Teck Resources in a research report on Thursday, August 17th. BMO Capital Markets reissued an outperform rating and issued a C$41.00 price target on shares of Teck Resources in a research report on Monday, June 19th. TD Securities increased their price target on shares of Teck Resources from C$37.00 to C$41.00 and gave the stock a buy rating in a research report on Friday, August 25th. Royal Bank Of Canada reaffirmed an outperform rating on shares of Teck Resources in a research report on Monday, June 5th. Finally, National Bank Financial cut their price objective on shares of Teck Resources from C$38.00 to C$36.00 and set an outperform rating on the stock in a research report on Monday, July 24th. Fourteen investment analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and a consensus price target of C$37.79.
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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