The Teck Resources Ltd (TCK.B) Price Target Raised to C$31.50 at Dundee Securities

The Teck Resources Ltd (TCK.B) Price Target Raised to C$31.50 at Dundee Securities

Teck Resources Ltd (TSE:TCK.B) had its target price hoisted by Dundee Securities from C$21.00 to C$31.50 in a research note issued on Friday. The firm currently has a “buy” rating on the stock.

A number of other research analysts also recently issued reports on the company. CIBC boosted their price target on Teck Resources from C$16.00 to C$23.00 in a report on Friday, July 29th. Canaccord Genuity boosted their price target on Teck Resources from C$16.50 to C$19.50 in a research report on Friday, July 29th. Barclays PLC dropped their price target on Teck Resources from C$16.00 to C$8.00 in a research report on Tuesday, July 26th. National Bank Financial boosted their price target on Teck Resources from C$13.50 to C$22.00 in a research report on Monday, July 18th. Finally, BMO Capital Markets boosted their price target on Teck Resources from C$16.00 to C$22.50 in a research report on Thursday, September 29th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. Teck Resources has an average rating of “Hold” and a consensus price target of C$19.44.

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