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Teck Resources (TSE:TCK.B) has received an average rating of “Hold” from the sixteen ratings firms that are currently covering the company, Stock Ratings Network.com reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$29.11.

A number of research firms have recently commented on TCK.B. Analysts at Haywood Securities raised their price target on shares of Teck Resources from C$2.00 to C$29.00 in a research note on Friday, July 25th. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Teck Resources from C$30.00 to C$31.00 in a research note on Friday, July 25th. They now have an “outperform” rating on the stock. Finally, analysts at Paradigm Capital cut their price target on shares of Teck Resources from C$40.00 to C$38.50 in a research note on Friday, July 25th. They now have a “buy” rating on the stock.

Teck Resources Limited (TSE:TCK) is engaged in exploring for, developing and producing natural resources.

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