Teck Resources Ltd. (TSE:TCK – Free Report) – Equities researchers at Eight Capital raised their FY2024 earnings estimates for shares of Teck Resources in a note issued to investors on Wednesday, November 13th. Eight Capital analyst R. Profiti now anticipates that the company will post earnings of $2.53 per share for the year, up from their prior estimate of $2.43.
A number of other research analysts also recently weighed in on the stock. Citigroup raised shares of 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, UBS Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Teck Resources presently has a consensus rating of “Moderate Buy”.
Teck Resources Price Performance
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