Teck Resources (TSE:TECK.B – Get Free Report) had its price target upped by investment analysts at Canaccord Genuity Group from C$59.00 to C$75.00 in a note issued to investors on Wednesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective suggests a potential upside of 14.09% from the company’s previous close.
TECK.B has been the subject of a number of other research reports. Scotiabank lifted their price objective on shares of Teck Resources from C$69.00 to C$71.00 and gave the company an “outperform” rating in a research report on Monday, January 15th. National Bankshares lifted their price objective on shares of Teck Resources from C$66.00 to C$70.00 in a research report on Friday, February 23rd. Raymond James decreased their price objective on shares of Teck Resources from C$65.00 to C$64.00 in a research report on Friday, March 1st. UBS Group decreased their price objective on shares of Teck Resources from C$64.00 to C$63.00 in a research report on Wednesday, January 17th. Finally, Jefferies Financial Group lifted their price objective on shares of Teck Resources from C$75.00 to C$80.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Eleven analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$71.29.
Get Our Latest Report on Teck Resources
Teck Resources Trading Up 1.1 %
Teck Resources Company Profile
Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates.
Featured Articles
- Five stocks we like better than Teck Resources
- ESG Stocks, What Investors Should Know
- Comprehensive PepsiCo Stock Analysis
- Manufacturing Stocks Investing
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- Best Stocks Under $10.00
- Bear Market Funds to Watch This Year
Receive News & Ratings for Teck Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teck Resources and related companies with MarketBeat.com's FREE daily email newsletter.