National Bank Financial cut shares of Teck Resources (TSE:TCK – Free Report) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for Teck Resources’ FY2024 earnings at $2.39 EPS and FY2027 earnings at $1.92 EPS.
Several other equities research analysts also recently issued reports on the company. Citigroup upgraded Teck Resources to a “hold” rating in a report on Wednesday, October 2nd. UBS Group lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
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Teck Resources Stock Performance
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