Teck Resources Ltd (TSE:TECK.B) had its price objective lifted by Scotiabank from C$33.00 to C$38.00 in a report issued on Monday. The brokerage currently has an outperform rating on the stock.

A number of other analysts also recently issued reports on TECK.B. TD Securities cut their price objective on Teck Resources from C$40.00 to C$38.00 in a research report on Friday, June 16th. Royal Bank Of Canada cut their price objective on Teck Resources from C$39.00 to C$38.00 and set an outperform rating for the company in a research report on Friday, June 16th. Canaccord Genuity cut their price objective on Teck Resources from C$35.00 to C$34.00 and set a buy rating for the company in a research report on Friday, July 28th. Berenberg Bank cut their price objective on Teck Resources from C$37.50 to C$33.00 in a research report on Wednesday, July 12th. Finally, National Bank Financial cut their price objective on Teck Resources from C$38.00 to C$36.00 and set an outperform rating for the company in a research report on Monday, July 24th. Thirteen equities research analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average price target of C$37.00.

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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.

Analyst Recommendations for Teck Resources (TSE:TECK.B)

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