Teck Resources Ltd. (TSE:TCK – Free Report) – Equities researchers at Eight Capital raised their FY2024 earnings per share (EPS) estimates for Teck Resources in a note issued to investors on Wednesday, November 13th. Eight Capital analyst R. Profiti now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.43.
A number of other analysts have also commented on the stock. Paradigm Capital upgraded shares of Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. UBS Group cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Citigroup upgraded shares of Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Teck Resources presently has a consensus rating of “Moderate Buy”.
Teck Resources Stock Performance
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