Teck Resources (TSE:TECK.B) had its price objective decreased by National Bank Financial from C$46.00 to C$45.00 in a research note published on Wednesday. National Bank Financial currently has an outperform rating on the stock.

Several other research firms have also issued reports on TECK.B. BMO Capital Markets set a C$43.00 price target on shares of Teck Resources and gave the stock an outperform rating in a report on Thursday, February 15th. Raymond James raised their price target on shares of Teck Resources from C$38.50 to C$41.00 and gave the stock an outperform rating in a report on Thursday, February 15th. Scotiabank raised their price target on shares of Teck Resources from C$43.00 to C$45.00 and gave the stock a focus stock rating in a report on Thursday, February 15th. Canaccord Genuity raised their price target on shares of Teck Resources from C$41.00 to C$42.50 and gave the stock a buy rating in a report on Thursday, February 15th. Finally, Royal Bank of Canada raised their price target on shares of Teck Resources from C$37.00 to C$42.00 and gave the stock an outperform rating in a report on Wednesday, January 17th. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of C$42.79.

Shares of TSE TECK.B opened at C$31.87 on Wednesday. Teck Resources has a 1 year low of C$19.27 and a 1 year high of C$38.66.

About Teck Resources

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.

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

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