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Teck Resources (TSE:TCK.B) has received a consensus recommendation of “Hold” from the sixteen ratings firms that are presently covering the company, AnalystRatingsNetwork.com reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$29.11.

TCK.B has been the subject of a number of recent research reports. 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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