Raymond James Trims Teck Resources (TECK.B) Target Price to C$44.00

Teck Resources (TSE:TECK.B) had its price objective lowered by Raymond James from C$46.00 to C$44.00 in a research note published on Friday morning.

Other research analysts also recently issued reports about the company. CIBC increased their target price on Teck Resources from C$45.00 to C$46.00 in a research report on Friday, July 27th. National Bank Financial lowered their target price on Teck Resources from C$45.00 to C$42.25 in a research report on Saturday, July 14th. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of Buy and a consensus price target of C$42.73.

Shares of TECK.B opened at C$31.10 on Friday. Teck Resources has a 1 year low of C$19.27 and a 1 year high of C$38.66.

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.

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