FY2027 EPS Estimates for Teck Resources Lifted by Scotiabank

Teck Resources Ltd. (TSE:TCKFree Report) – Investment analysts at Scotiabank upped their FY2027 earnings estimates for Teck Resources in a research report issued to clients and investors on Wednesday, July 29th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $4.38 per share for the year, up from their previous forecast of $4.35.

Several other brokerages have also weighed in on TCK. Raymond James Financial upgraded shares of Teck Resources from a “hold” rating to a “moderate buy” rating in a report on Thursday, July 23rd. Veritas lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teck Resources has a consensus rating of “Moderate Buy”.

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