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

Teck Resources Ltd. (TSE:TCKGet Free Report) has been assigned an average 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 recommendation and two have issued a strong buy recommendation on the company.

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

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