Teck Resources Ltd (TSE:TECK.B) received a C$33.00 target price from investment analysts at Scotiabank in a research report issued to clients and investors on Tuesday. The firm presently has an “outperform” rating on the stock.

Other equities analysts also recently issued research reports about the stock. Berenberg Bank decreased their price objective on shares of Teck Resources from C$37.50 to C$33.00 in a report on Wednesday, July 12th. TD Securities decreased their price objective on shares of Teck Resources from C$40.00 to C$38.00 in a report on Friday, June 16th. National Bank Financial decreased their price objective on shares of Teck Resources from C$42.50 to C$38.00 in a report on Friday, June 16th. Canaccord Genuity decreased their price objective on shares of Teck Resources from C$35.00 to C$34.00 and set a “buy” rating for the company in a report on Friday, July 28th. Finally, Royal Bank Of Canada reduced their price target on shares of Teck Resources from C$38.00 to C$37.00 and set an “outperform” rating for the company in a report on Friday, July 14th. Twelve research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of C$36.42.

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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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