Teck Resources (TSE:TCK) Lowered to “Hold” Rating by Raymond James Financial

Teck Resources (TSE:TCKGet Free Report) was downgraded by Raymond James Financial from a “moderate buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on the stock. Scotiabank cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 6th. Veritas lowered shares of Teck Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Natl Bk Canada downgraded Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Canaccord Genuity Group cut Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 8th. Four research analysts have rated the stock with a Strong Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Teck Resources has an average rating of “Moderate Buy”.

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Trillium Acquisition Corp is a capital pool company.

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