Teck Resources Ltd (TSE:TECK.B) Given New C$36.00 Price Target at Royal Bank Of Canada
Teck Resources Ltd (TSE:TECK.B) had its price target trimmed by Royal Bank Of Canada from C$37.00 to C$36.00 in a research note published on Friday. The firm currently has an outperform rating on the stock.
Other equities analysts have also issued research reports about the company. National Bank Financial reduced 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 note on Monday, July 24th. Scotiabank lifted their price objective on Teck Resources from C$32.00 to C$33.00 and gave the company an outperform rating in a research note on Friday. Canaccord Genuity reduced 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 note on Friday. BMO Capital Markets reiterated an outperform rating and set a C$41.00 price objective on shares of Teck Resources in a research note on Monday, June 19th. Finally, Berenberg Bank reduced their price objective on Teck Resources from C$37.50 to C$33.00 in a research note on Wednesday, July 12th. Twelve analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus price target of C$36.42.
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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.
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