In a report released today, Bryce Adams from Desjardins maintained a Hold rating on Teck Resources, with a price target of C$64.00. The company’s shares opened today at $44.20.
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Adams covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, NGEx Minerals, and Magna Mining. According to TipRanks, Adams has an average return of 22.4% and a 67.11% success rate on recommended stocks.
Currently, the analyst consensus on Teck Resources is a Moderate Buy with an average price target of $45.39, which is a 2.69% upside from current levels. In a report released on September 21, J.P. Morgan also maintained a Hold rating on the stock with a $56.00 price target.
The company has a one-year high of $52.37 and a one-year low of $28.32. Currently, Teck Resources has an average volume of 5.72M.
Read More on TECK:
Disclaimer & DisclosureReport an Issue
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