Teck Resources (TSE:TCK) Cut to Hold at TD Securities

TD Securities lowered shares of Teck Resources (TSE:TCKFree Report) from a strong-buy rating to a hold rating in a research note released on Thursday morning,Zacks.com reports.

Several other brokerages have also commented on TCK. Raymond James Financial lowered Teck Resources from a “moderate buy” rating to a “hold” rating in a report on Wednesday, January 14th. Scotiabank cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Canaccord Genuity Group lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 8th. Natl Bk Canada downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Veritas raised Teck Resources from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, January 15th. Four equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Teck Resources currently has a consensus rating of “Moderate Buy”.

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