Teck Resources Ltd (TSE:TCK.B) had its target price hoisted by equities research analysts at Paradigm Capital from C$23.75 to C$29.00 in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.

Other equities analysts have also recently issued research reports about the stock. CIBC boosted their price objective on shares of Teck Resources from C$16.00 to C$23.00 in a research note on Friday, July 29th. Canaccord Genuity boosted their price objective on shares of Teck Resources from C$16.50 to C$19.50 in a research note on Friday, July 29th. Barclays PLC reduced their price objective on shares of Teck Resources from C$16.00 to C$8.00 in a research note on Tuesday, July 26th. National Bank Financial boosted their price objective on shares of Teck Resources from C$13.50 to C$22.00 in a research note on Monday, July 18th. Finally, TD Securities boosted their price objective on shares of Teck Resources from C$22.00 to C$24.00 and gave the company a “buy” rating in a research note on Sunday, July 31st. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of C$18.13.

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

About Teck Resources

Teck Resources Limited is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company operates through five segments: steelmaking coal, copper, zinc, energy and corporate. Through its interests in mining and processing operations in Canada, the United States, Chile and Peru, the Company exports seaborne steelmaking coal and produces mined zinc.

Receive News & Ratings for Teck Resources Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources Ltd and related companies with MarketBeat.com's FREE daily email newsletter.