UBS Group lowered shares of Teck Resources (TSE:TCK – Free Report) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.
Other research analysts have also recently issued research reports about the stock. BMO Capital Markets upgraded shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, July 15th. Citigroup raised Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. Paradigm Capital raised Teck Resources to a “moderate buy” rating in a research report on Friday, July 26th. Finally, TD Securities raised shares of Teck Resources to a “strong-buy” rating in a research report on Tuesday, July 16th. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
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Teck Resources Stock Performance
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