UBS Group 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.
Several other research analysts have also recently weighed in on TCK. Citigroup raised shares of Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. BMO Capital Markets upgraded shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, July 15th. TD Securities raised shares of Teck Resources to a “strong-buy” rating in a research note on Tuesday, July 16th. Finally, Paradigm Capital raised shares of Teck Resources to a “moderate buy” rating in a research report on Friday, July 26th. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Read Our Latest Stock Analysis on TCK
Teck Resources Stock Performance
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