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

Shares of Teck Resources Ltd. (TSE:TCKGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

A number of research analysts recently commented on the company. Citigroup upgraded Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. National Bank Financial lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 9th. Finally, UBS Group downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th.

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