Teck Resources (TSE:TCK – Get Free Report) was upgraded by equities researchers at Citigroup to a “hold” rating in a note issued to investors on Wednesday, Zacks.com reports.
Several other equities research analysts have also recently issued reports on the company. UBS Group raised Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 4th. Paradigm Capital raised Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. BMO Capital Markets raised Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 15th. Eight Capital cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 11th. Finally, TD Securities raised Teck Resources to a “strong-buy” rating in a research note on Tuesday, July 16th. Three analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.
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Teck Resources Stock Performance
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