Teck Resources FY2024 EPS Lowered by National Bank Financial

Teck Resources Ltd. (TSE:TCKFree Report) – Investment analysts at National Bank Financial lowered their FY2024 EPS estimates for shares of Teck Resources in a research note issued on Monday, December 9th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $2.39 per share for the year, down from their prior forecast of $2.54. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Teck Resources’ FY2027 earnings at $1.92 EPS.

TCK has been the topic of a number of other reports. UBS Group downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Citigroup raised shares of Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Four analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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