Teck Resources (TSE:TCK) Cut to Hold at Natl Bk Canada

Natl Bk Canada cut shares of Teck Resources (TSE:TCKFree Report) from a strong-buy rating to a hold rating in a report released on Friday,Zacks.com reports.

A number of other brokerages also recently issued reports on TCK. Scotiabank downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 6th. Veritas lowered shares of Teck Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. UBS Group raised shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. Finally, Canaccord Genuity Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Teck Resources presently has a consensus rating of “Hold”.

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Trillium Acquisition Corp is a capital pool company.

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