Royal Bank Of Canada reiterated their sector perform rating on shares of Teck Resources Ltd (TSE:TCK.B) in a research note issued to investors on Tuesday morning, StockTargetPrices.com reports.
Several other equities research analysts have also recently weighed in on TCK.B. Raymond James Financial Inc. boosted their target price on Teck Resources from C$7.00 to C$8.50 and gave the stock an underperform rating in a research note on Friday, June 24th. Scotiabank boosted their target price on Teck Resources from C$12.00 to C$13.00 and gave the stock a sector perform rating in a research note on Monday, June 27th. TD Securities boosted their target price on Teck Resources from C$17.00 to C$20.00 and gave the stock a buy rating in a research note on Thursday, June 30th. National Bank Financial boosted their target price on Teck Resources from C$13.50 to C$22.00 in a research note on Monday, July 18th. Finally, Canaccord Genuity upgraded Teck Resources from a sell rating to a hold rating and boosted their target price for the stock from C$8.00 to C$16.50 in a research note on Monday, July 25th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of C$18.13.
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.