Teck Resources (TSE:TCK) Downgraded by TD Securities to Hold

Teck Resources (TSE:TCKGet Free Report) was downgraded by stock analysts at TD Securities from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

TCK has been the subject of a number of other reports. Canaccord Genuity Group downgraded Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 8th. Raymond James Financial cut shares of Teck Resources from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Scotiabank lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Veritas raised shares of Teck Resources from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, January 15th. Finally, Natl Bk Canada cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Four research analysts have rated the stock with a Strong Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

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Teck Resources Stock Performance

About Teck Resources

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Trillium Acquisition Corp is a capital pool company.

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