Teck Resources (TECK.B) PT Raised to C$44.00 at Berenberg Bank

Teck Resources (TSE:TECK.B) had its price target raised by Berenberg Bank from C$35.00 to C$44.00 in a report issued on Thursday.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Teck Resources from C$41.00 to C$39.00 in a research note on Tuesday, October 17th. CIBC lifted their target price on shares of Teck Resources from C$38.00 to C$45.00 in a research report on Monday, January 22nd. BMO Capital Markets boosted their price objective on shares of Teck Resources from C$37.00 to C$41.00 in a report on Monday, December 18th. Eight Capital lowered their price objective on shares of Teck Resources from C$37.00 to C$36.00 in a report on Friday, October 27th. Finally, CSFB upped their price target on shares of Teck Resources from C$33.56 to C$45.00 in a report on Tuesday, January 30th. Twelve equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Teck Resources has an average rating of Buy and a consensus price target of C$40.14.

Shares of Teck Resources (TECK.B) traded up C$0.83 during trading on Thursday, hitting C$34.13. 702,159 shares of the stock were exchanged, compared to its average volume of 2,100,000. Teck Resources has a 12 month low of C$19.27 and a 12 month high of C$38.53. The company has a market cap of $19,690.00, a P/E ratio of 8.05 and a beta of 1.00.

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Teck Resources Company Profile

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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