Teck Resources Ltd. (TSE:TCK) Given Average Rating of “Moderate Buy” by Brokerages

Teck Resources Ltd. (TSE:TCKGet Free Report) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

TCK has been the subject of a number of recent analyst reports. UBS Group lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Citigroup raised Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Finally, National Bank Financial lowered Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th.

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