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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/25/2024 | Buy Now | 15.91% | Benchmark | Nathan Martin | $52 → $52 | Reiterates | Buy → Buy | Get Alert |
07/25/2024 | Buy Now | 13.8% | JP Morgan | Bill Peterson | $56 → $54 | Maintains | Overweight | Get Alert |
07/12/2024 | Buy Now | 68.6% | CIBC | Bryce Adams | $70 → $80 | Maintains | Outperformer | Get Alert |
06/21/2024 | Buy Now | 26.45% | Morgan Stanley | Carlos De Alba | $55 → $60 | Maintains | Overweight | Get Alert |
04/17/2024 | Buy Now | 5.37% | JP Morgan | Bill Peterson | $44 → $50 | Maintains | Overweight | Get Alert |
04/11/2024 | Buy Now | 15.91% | Morgan Stanley | Carlos De Alba | → $55 | Maintains | Overweight | Get Alert |
04/08/2024 | Buy Now | 9.59% | Benchmark | Nathan Martin | $50 → $52 | Maintains | Buy | Get Alert |
02/26/2024 | Buy Now | -7.27% | Morgan Stanley | Carlos De Alba | $45 → $44 | Maintains | Overweight | Get Alert |
01/22/2024 | Buy Now | 5.37% | Benchmark | Nathan Martin | → $50 | Reiterates | Buy → Buy | Get Alert |
12/07/2023 | Buy Now | -5.16% | Morgan Stanley | Carlos De Alba | $47 → $45 | Maintains | Overweight | Get Alert |
11/10/2023 | Buy Now | — | Wolfe Research | Timna Tanners | — | Upgrade | Peer Perform → Outperform | Get Alert |
10/26/2023 | Buy Now | 32.77% | B. Riley Securities | Lucas Pipes | $78 → $63 | Maintains | Buy | Get Alert |
10/25/2023 | Buy Now | 5.37% | Benchmark | Nathan Martin | → $50 | Reiterates | Buy → Buy | Get Alert |
10/25/2023 | Buy Now | -0.95% | Morgan Stanley | Carlos De Alba | $55 → $47 | Maintains | Overweight | Get Alert |
10/17/2023 | Buy Now | 5.37% | Benchmark | Nathan Martin | → $50 | Reiterates | Buy → Buy | Get Alert |
10/17/2023 | Buy Now | 9.59% | JP Morgan | Michael Gambardella | → $52 | Initiates | → Overweight | Get Alert |
09/27/2023 | Buy Now | 64.38% | B. Riley Securities | Lucas Pipes | $66 → $78 | Maintains | Buy | Get Alert |
09/21/2023 | Buy Now | 15.91% | Morgan Stanley | Carlos De Alba | $53 → $55 | Maintains | Overweight | Get Alert |
08/01/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $53 → $53 | Reiterates | Overweight → Overweight | Get Alert |
07/31/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $53 → $53 | Reiterates | Overweight → Overweight | Get Alert |
07/31/2023 | Buy Now | 5.37% | Benchmark | Nathan Martin | → $50 | Reiterates | Buy → Buy | Get Alert |
07/24/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $53 → $53 | Reiterates | Overweight → Overweight | Get Alert |
07/17/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $53 → $53 | Reiterates | Overweight → Overweight | Get Alert |
07/11/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $53 → $53 | Reiterates | Overweight → Overweight | Get Alert |
07/11/2023 | Buy Now | 5.37% | Benchmark | Nathan Martin | → $50 | Reiterates | Buy → Buy | Get Alert |
07/11/2023 | Buy Now | — | Wolfe Research | Timna Tanners | — | Downgrade | Outperform → Peer Perform | Get Alert |
07/05/2023 | Buy Now | 1.16% | Deutsche Bank | Abhi Agarwal | $46 → $48 | Maintains | Buy | Get Alert |
06/28/2023 | Buy Now | 51.74% | Scotiabank | Orest Wowkodaw | $75 → $72 | Maintains | Sector Outperform | Get Alert |
06/26/2023 | Buy Now | 41.2% | B. Riley Securities | Lucas Pipes | $68 → $67 | Maintains | Buy | Get Alert |
06/26/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $53 → $53 | Reiterates | Overweight → Overweight | Get Alert |
06/22/2023 | Buy Now | 11.7% | Morgan Stanley | Carlos De Alba | $51 → $53 | Maintains | Overweight | Get Alert |
06/20/2023 | Buy Now | 7.48% | Morgan Stanley | Carlos De Alba | → $51 | Reiterates | → Overweight | Get Alert |
06/12/2023 | Buy Now | 7.48% | Morgan Stanley | Carlos De Alba | → $51 | Reiterates | Overweight → Overweight | Get Alert |
05/03/2023 | Buy Now | -0.95% | Deutsche Bank | Abhi Agarwal | $46 → $47 | Maintains | Buy | Get Alert |
04/27/2023 | Buy Now | 7.48% | Morgan Stanley | Carlos De Alba | $42 → $51 | Maintains | Overweight | Get Alert |
04/17/2023 | Buy Now | 5.37% | Benchmark | Nathan Martin | $48 → $50 | Maintains | Buy | Get Alert |
03/30/2023 | Buy Now | -11.49% | Morgan Stanley | Carlos De Alba | $44 → $42 | Maintains | Overweight | Get Alert |
01/13/2023 | Buy Now | -3.06% | Benchmark | Nathan Martin | $40 → $46 | Maintains | Buy | Get Alert |
10/31/2022 | Buy Now | -0.95% | Morgan Stanley | Carlos De Alba | $51 → $47 | Maintains | Overweight | Get Alert |
10/28/2022 | Buy Now | -3.06% | BMO Capital | Jackie Przybylowski | $49 → $46 | Downgrade | Outperform → Market Perform | Get Alert |
10/05/2022 | Buy Now | -11.49% | Deutsche Bank | Abhi Agarwal | $43 → $42 | Maintains | Buy | Get Alert |
09/21/2022 | Buy Now | -9.38% | Deutsche Bank | Abhi Agarwal | $45 → $43 | Maintains | Buy | Get Alert |
09/16/2022 | Buy Now | 7.48% | Morgan Stanley | Carlos De Alba | $41 → $51 | Upgrade | Equal-Weight → Overweight | Get Alert |
07/28/2022 | Buy Now | -13.59% | Morgan Stanley | Carlos De Alba | $45 → $41 | Maintains | Equal-Weight | Get Alert |
07/28/2022 | Buy Now | -5.16% | Deutsche Bank | Abhi Agarwal | $47 → $45 | Maintains | Buy | Get Alert |
07/07/2022 | Buy Now | -0.95% | Deutsche Bank | Abhi Agarwal | $48 → $47 | Maintains | Buy | Get Alert |
06/29/2022 | Buy Now | 1.16% | Deutsche Bank | Liam Fitzpatrick | $52 → $48 | Maintains | Buy | Get Alert |
06/23/2022 | Buy Now | -5.16% | Morgan Stanley | Carlos De Alba | $47 → $45 | Downgrade | Overweight → Equal-Weight | Get Alert |
06/09/2022 | Buy Now | 9.59% | Deutsche Bank | Abhi Agarwal | $48 → $52 | Maintains | Buy | Get Alert |
03/24/2022 | Buy Now | -0.95% | Morgan Stanley | Carlos De Alba | $33 → $47 | Maintains | Overweight | Get Alert |
03/09/2022 | Buy Now | 7.48% | Goldman Sachs | Emily Chieng | → $51 | Upgrade | Neutral → Buy | Get Alert |
02/25/2022 | Buy Now | -15.7% | Deutsche Bank | Abhi Agarwal | $38 → $40 | Maintains | Buy | Get Alert |
12/09/2021 | Buy Now | -30.45% | Morgan Stanley | — | — | Maintains | Overweight | Get Alert |
11/16/2021 | Buy Now | — | Wolfe Research | Timna Tanners | — | Initiates | → Outperform | Get Alert |
09/29/2021 | Buy Now | -38.88% | Morgan Stanley | Carlos De Alba | — | Maintains | Overweight | Get Alert |
09/29/2021 | Buy Now | -15.7% | Citigroup | Alexander Hacking | — | Upgrade | Neutral → Buy | Get Alert |
09/22/2021 | Buy Now | -7.27% | BMO Capital | Jackie Przybylowski | — | Upgrade | Market Perform → Outperform | Get Alert |
09/16/2021 | Buy Now | -45.21% | Goldman Sachs | — | — | Maintains | Neutral | Get Alert |
07/28/2021 | Buy Now | -40.99% | Morgan Stanley | Carlos De Alba | — | Maintains | Overweight | Get Alert |
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.
The latest analyst rating for Teck Resources (NYSE:TECK) was provided by Benchmark, and Teck Resources reiterated their buy rating.
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.
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.
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.
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.
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