Teck Resources Ltd (TSE:TECK.B) had its price objective boosted by investment analysts at J P Morgan Chase & Co from C$31.00 to C$41.00 in a research report issued to clients and investors on Thursday.

Several other equities analysts have also commented on TECK.B. Scotiabank lowered their price target on shares of Teck Resources from C$39.00 to C$37.50 and set an “outperform” rating for the company in a research report on Friday, May 12th. TD Securities lowered their price target on shares of Teck Resources from C$40.00 to C$38.00 in a research report on Friday, June 16th. Royal Bank Of Canada lowered their price target on shares of Teck Resources from C$39.00 to C$38.00 and set an “outperform” rating for the company in a research report on Friday, June 16th. Canaccord Genuity lowered their price target on shares of Teck Resources from C$35.00 to C$34.00 and set a “buy” rating for the company in a research report on Friday, July 28th. Finally, Berenberg Bank lowered their price target on shares of Teck Resources from C$37.50 to C$33.00 in a research report on Wednesday, July 12th. Fourteen equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of C$37.57.

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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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