Canaccord Genuity Group Downgrades Teck Resources (TSE:TCK) to Hold

Teck Resources (TSE:TCKGet Free Report) was downgraded by research analysts at Canaccord Genuity Group from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Several other research firms have also issued reports on TCK. Stifel Canada upgraded shares of Teck Resources to a “hold” rating in a research report on Tuesday, July 8th. Desjardins lowered shares of Teck Resources from a “moderate buy” rating to a “hold” rating in a research report on Thursday, July 17th. Cibc World Mkts lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 25th. B. Riley lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 28th. Finally, UBS Group raised shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 3rd. Three research analysts have rated the stock with a Strong Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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Teck Resources Price Performance

About Teck Resources

(Get Free Report)

Trillium Acquisition Corp is a capital pool company.

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Analyst Recommendations for Teck Resources (TSE:TCK)

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