UBS Group lowered shares of Teck Resources (TSE:TCK – Free Report) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.
A number of other equities research analysts also recently commented on TCK. TD Securities upgraded Teck Resources to a “strong-buy” rating in a research report on Tuesday, July 16th. Paradigm Capital raised Teck Resources to a “moderate buy” rating in a research note on Friday, July 26th. 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. Finally, Citigroup raised Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Teck Resources currently has a consensus rating of “Moderate Buy”.
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