Teck Resources (TSE:TECK.B) had its price objective lifted by Canaccord Genuity from C$39.50 to C$42.50 in a report published on Tuesday morning.

TECK.B has been the subject of a number of other research reports. CIBC dropped their price objective on Teck Resources from C$44.00 to C$43.00 in a research note on Tuesday, October 30th. JPMorgan Chase & Co. dropped their price objective on Teck Resources from C$53.00 to C$49.50 in a research note on Friday, October 26th. TD Securities dropped their price objective on Teck Resources from C$46.00 to C$43.00 and set a buy rating for the company in a research note on Friday, October 26th. Royal Bank of Canada increased their price objective on Teck Resources from C$48.00 to C$52.00 and gave the company an outperform rating in a research note on Thursday, December 13th. Finally, Raymond James increased their price objective on Teck Resources from C$44.00 to C$45.00 and gave the company an outperform rating in a research note on Wednesday, December 5th. Seven investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of C$45.45.

Shares of TSE TECK.B opened at C$30.22 on Tuesday. Teck Resources has a one year low of C$19.27 and a one year high of C$38.66.

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

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