Analysts like Teck Teck Resources (TECK)
In a report released today, Shane Nagle from National Bank maintained a Buy rating on Teck Resources, with a price target of C$70.00. The company’s shares closed last Friday at $39.56.
According to TipRanks.com, Nagle is a 5-star analyst with an average return of 18.2% and a 56.6% success rate. Nagle covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, First Quantum Minerals, and Osisko Gold Royalties.
Teck Resources has an analyst consensus of Strong Buy, with a price target consensus of $47.77, which is a 24.7% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a C$59.00 price target.