BMO Capital Markets Analysts Give Teck Resources Ltd (TECK.B) a C$41.00 Price Target
A number of other brokerages 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. Scotiabank set a C$33.00 target price on Teck Resources and gave the company an outperform rating in a research report on Tuesday, August 8th. Royal Bank Of Canada dropped their target price on Teck Resources from C$37.00 to C$36.00 and set an outperform rating on the stock in a research report on Friday, July 28th. Canaccord Genuity lowered their price target on Teck Resources from C$35.00 to C$34.00 and set a buy rating on the stock in a research report on Friday, July 28th. Finally, National Bank Financial lowered their price target on 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 analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus price target of C$37.86.
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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