Comments
Loading...

Teck Resources

TECKNYSE
Logo brought to you by Benzinga Data
$47.45
1.753.83%
At Close: -
$47.45
00.00%
After Hours: 4:05 PM EDT
15 minutes delayed
Q2 2024 Earnings were released on Wed Jul 24th, before the market open
The most recent conference call was at 11:00 AM, 3 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$80.00
Lowest Price Target1
$26.00
Consensus Price Target1
$52.00

Unlock major analysts' bullish and bearish positions by joining Benzinga Edge.

Click Here

Teck Resources (NYSE:TECK) Stock, Analyst Ratings, Price Targets, Forecasts

Teck Resources Ltd has a consensus price target of $52 based on the ratings of 15 analysts. The high is $80 issued by CIBC on July 12, 2024. The low is $26 issued by Goldman Sachs on September 16, 2021. The 3 most-recent analyst ratings were released by Benchmark, JP Morgan, and CIBC on July 25, 2024, July 25, 2024, and July 12, 2024, respectively. With an average price target of $63 between Benchmark, JP Morgan, and CIBC, there's an implied 32.77% upside for Teck Resources Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
2
Apr
1
Jun
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Benchmark
JP Morgan
CIBC
Morgan Stanley
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for Teck Resources

Buy NowGet Alert
07/25/2024Buy Now15.91%Benchmark
Nathan Martin
$52 → $52ReiteratesBuy → BuyGet Alert
07/25/2024Buy Now13.8%JP Morgan
Bill Peterson
$56 → $54MaintainsOverweightGet Alert
07/12/2024Buy Now68.6%CIBC
Bryce Adams
$70 → $80MaintainsOutperformerGet Alert
06/21/2024Buy Now26.45%Morgan Stanley
Carlos De Alba
$55 → $60MaintainsOverweightGet Alert
04/17/2024Buy Now5.37%JP Morgan
Bill Peterson
$44 → $50MaintainsOverweightGet Alert
04/11/2024Buy Now15.91%Morgan Stanley
Carlos De Alba
→ $55MaintainsOverweightGet Alert
04/08/2024Buy Now9.59%Benchmark
Nathan Martin
$50 → $52MaintainsBuyGet Alert
02/26/2024Buy Now-7.27%Morgan Stanley
Carlos De Alba
$45 → $44MaintainsOverweightGet Alert
01/22/2024Buy Now5.37%Benchmark
Nathan Martin
→ $50ReiteratesBuy → BuyGet Alert
12/07/2023Buy Now-5.16%Morgan Stanley
Carlos De Alba
$47 → $45MaintainsOverweightGet Alert
11/10/2023Buy NowWolfe Research
Timna Tanners
UpgradePeer Perform → OutperformGet Alert
10/26/2023Buy Now32.77%B. Riley Securities
Lucas Pipes
$78 → $63MaintainsBuyGet Alert
10/25/2023Buy Now5.37%Benchmark
Nathan Martin
→ $50ReiteratesBuy → BuyGet Alert
10/25/2023Buy Now-0.95%Morgan Stanley
Carlos De Alba
$55 → $47MaintainsOverweightGet Alert
10/17/2023Buy Now5.37%Benchmark
Nathan Martin
→ $50ReiteratesBuy → BuyGet Alert
10/17/2023Buy Now9.59%JP Morgan
Michael Gambardella
→ $52Initiates → OverweightGet Alert
09/27/2023Buy Now64.38%B. Riley Securities
Lucas Pipes
$66 → $78MaintainsBuyGet Alert
09/21/2023Buy Now15.91%Morgan Stanley
Carlos De Alba
$53 → $55MaintainsOverweightGet Alert
08/01/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$53 → $53ReiteratesOverweight → OverweightGet Alert
07/31/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$53 → $53ReiteratesOverweight → OverweightGet Alert
07/31/2023Buy Now5.37%Benchmark
Nathan Martin
→ $50ReiteratesBuy → BuyGet Alert
07/24/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$53 → $53ReiteratesOverweight → OverweightGet Alert
07/17/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$53 → $53ReiteratesOverweight → OverweightGet Alert
07/11/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$53 → $53ReiteratesOverweight → OverweightGet Alert
07/11/2023Buy Now5.37%Benchmark
Nathan Martin
→ $50ReiteratesBuy → BuyGet Alert
07/11/2023Buy NowWolfe Research
Timna Tanners
DowngradeOutperform → Peer PerformGet Alert
07/05/2023Buy Now1.16%Deutsche Bank
Abhi Agarwal
$46 → $48MaintainsBuyGet Alert
06/28/2023Buy Now51.74%Scotiabank
Orest Wowkodaw
$75 → $72MaintainsSector OutperformGet Alert
06/26/2023Buy Now41.2%B. Riley Securities
Lucas Pipes
$68 → $67MaintainsBuyGet Alert
06/26/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$53 → $53ReiteratesOverweight → OverweightGet Alert
06/22/2023Buy Now11.7%Morgan Stanley
Carlos De Alba
$51 → $53MaintainsOverweightGet Alert
06/20/2023Buy Now7.48%Morgan Stanley
Carlos De Alba
→ $51Reiterates → OverweightGet Alert
06/12/2023Buy Now7.48%Morgan Stanley
Carlos De Alba
→ $51ReiteratesOverweight → OverweightGet Alert
05/03/2023Buy Now-0.95%Deutsche Bank
Abhi Agarwal
$46 → $47MaintainsBuyGet Alert
04/27/2023Buy Now7.48%Morgan Stanley
Carlos De Alba
$42 → $51MaintainsOverweightGet Alert
04/17/2023Buy Now5.37%Benchmark
Nathan Martin
$48 → $50MaintainsBuyGet Alert
03/30/2023Buy Now-11.49%Morgan Stanley
Carlos De Alba
$44 → $42MaintainsOverweightGet Alert
01/13/2023Buy Now-3.06%Benchmark
Nathan Martin
$40 → $46MaintainsBuyGet Alert
10/31/2022Buy Now-0.95%Morgan Stanley
Carlos De Alba
$51 → $47MaintainsOverweightGet Alert
10/28/2022Buy Now-3.06%BMO Capital
Jackie Przybylowski
$49 → $46DowngradeOutperform → Market PerformGet Alert
10/05/2022Buy Now-11.49%Deutsche Bank
Abhi Agarwal
$43 → $42MaintainsBuyGet Alert
09/21/2022Buy Now-9.38%Deutsche Bank
Abhi Agarwal
$45 → $43MaintainsBuyGet Alert
09/16/2022Buy Now7.48%Morgan Stanley
Carlos De Alba
$41 → $51UpgradeEqual-Weight → OverweightGet Alert
07/28/2022Buy Now-13.59%Morgan Stanley
Carlos De Alba
$45 → $41MaintainsEqual-WeightGet Alert
07/28/2022Buy Now-5.16%Deutsche Bank
Abhi Agarwal
$47 → $45MaintainsBuyGet Alert
07/07/2022Buy Now-0.95%Deutsche Bank
Abhi Agarwal
$48 → $47MaintainsBuyGet Alert
06/29/2022Buy Now1.16%Deutsche Bank
Liam Fitzpatrick
$52 → $48MaintainsBuyGet Alert
06/23/2022Buy Now-5.16%Morgan Stanley
Carlos De Alba
$47 → $45DowngradeOverweight → Equal-WeightGet Alert
06/09/2022Buy Now9.59%Deutsche Bank
Abhi Agarwal
$48 → $52MaintainsBuyGet Alert
03/24/2022Buy Now-0.95%Morgan Stanley
Carlos De Alba
$33 → $47MaintainsOverweightGet Alert
03/09/2022Buy Now7.48%Goldman Sachs
Emily Chieng
→ $51UpgradeNeutral → BuyGet Alert
02/25/2022Buy Now-15.7%Deutsche Bank
Abhi Agarwal
$38 → $40MaintainsBuyGet Alert
12/09/2021Buy Now-30.45%Morgan StanleyMaintainsOverweightGet Alert
11/16/2021Buy NowWolfe Research
Timna Tanners
Initiates → OutperformGet Alert
09/29/2021Buy Now-38.88%Morgan Stanley
Carlos De Alba
MaintainsOverweightGet Alert
09/29/2021Buy Now-15.7%Citigroup
Alexander Hacking
UpgradeNeutral → BuyGet Alert
09/22/2021Buy Now-7.27%BMO Capital
Jackie Przybylowski
UpgradeMarket Perform → OutperformGet Alert
09/16/2021Buy Now-45.21%Goldman SachsMaintainsNeutralGet Alert
07/28/2021Buy Now-40.99%Morgan Stanley
Carlos De Alba
MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Teck Resources (TECK) stock?

A

The latest price target for Teck Resources (NYSE:TECK) was reported by Benchmark on July 25, 2024. The analyst firm set a price target for $55.00 expecting TECK to rise to within 12 months (a possible 15.91% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Teck Resources (TECK)?

A

The latest analyst rating for Teck Resources (NYSE:TECK) was provided by Benchmark, and Teck Resources reiterated their buy rating.

Q

When was the last upgrade for Teck Resources (TECK)?

A

The last upgrade for Teck Resources Ltd happened on November 10, 2023 when Wolfe Research raised their price target to N/A. Wolfe Research previously had a peer perform for Teck Resources Ltd.

Q

When was the last downgrade for Teck Resources (TECK)?

A

The last downgrade for Teck Resources Ltd happened on July 11, 2023 when Wolfe Research changed their price target from N/A to N/A for Teck Resources Ltd.

Q

When is the next analyst rating going to be posted or updated for Teck Resources (TECK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Teck Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Teck Resources was filed on July 25, 2024 so you should expect the next rating to be made available sometime around July 25, 2025.

Q

Is the Analyst Rating Teck Resources (TECK) correct?

A

While ratings are subjective and will change, the latest Teck Resources (TECK) rating was a reiterated with a price target of $55.00 to $55.00. The current price Teck Resources (TECK) is trading at is $47.45, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.