Teck Resources (TSE:TCK – Get Free Report) was downgraded by stock analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.
Other equities analysts have also recently issued research reports about the stock. BMO Capital Markets raised shares of Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 15th. Paradigm Capital upgraded Teck Resources to a “moderate buy” rating in a research report on Friday, July 26th. Citigroup upgraded Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. Finally, TD Securities raised Teck Resources to a “strong-buy” rating in a report on Tuesday, July 16th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to MarketBeat, 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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