Teck Resources Ltd (TECK.B) PT Lowered to C$36.00 at National Bank Financial

Teck Resources Ltd (TSE:TECK.B) had its price target trimmed by National Bank Financial from C$37.00 to C$36.00 in a research note released on Friday morning. The firm currently has an outperform rating on the stock.

A number of other analysts also recently issued reports on the stock. Berenberg Bank cut their price objective on shares of Teck Resources from C$36.00 to C$35.00 in a report on Friday. Royal Bank Of Canada cut their price objective on shares of Teck Resources from C$36.00 to C$35.00 and set an outperform rating for the company in a report on Friday. Eight Capital cut their price objective on shares of Teck Resources from C$37.00 to C$36.00 in a report on Friday. TD Securities cut their price objective on shares of Teck Resources from C$41.00 to C$38.00 and set a buy rating for the company in a report on Friday. Finally, Scotiabank cut their price objective on shares of Teck Resources from C$36.00 to C$35.00 and set an outperform rating for the company in a report on Friday. Fourteen research analysts have rated the stock with a buy rating, Teck Resources has a consensus rating of Buy and a consensus price target of C$37.07.

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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.

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