National Bank Financial cut shares of Teck Resources (TSE:TCK – Free Report) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for Teck Resources’ FY2024 earnings at $2.39 EPS and FY2027 earnings at $1.92 EPS.
Other equities analysts have also issued reports about the stock. Citigroup raised shares of Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. UBS Group cut Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Four analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Teck Resources currently has an average rating of “Moderate Buy”.
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Teck Resources Stock Performance
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