Teck Resources Ltd. (TSE:TCK) Receives Average Rating of “Moderate Buy” from Brokerages

Teck Resources Ltd. (TSE:TCKGet Free Report) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

TCK has been the topic of several recent analyst reports. National Bank Financial downgraded Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th. Citigroup raised shares of Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. Finally, UBS Group cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th.

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