Citigroup Inc. Trims Teck Resources Ltd (TCK.B) Target Price to C$6.00

December 1st, 2015

Teck Resources Ltd (TSE:TCK.B) had its price target dropped by stock analysts at Citigroup Inc. from C$9.00 to C$6.00 in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock.

Other research analysts have also recently issued research reports about the company.

Credit Suisse reduced their price objective on Teck Resources from C$17.00 to C$13.00 in a research report on Monday, September 21st.

CSFB cut their price target on Teck Resources from C$17.00 to C$13.00 in a report on Monday, September 21st.

Scotiabank dropped their price objective on Teck Resources from C$14.00 to C$10.00 in a research note on Tuesday, September 29th. dropped their price target on Teck Resources from C$11.50 to C$11.00 in a research note on Wednesday, October 21st.

Finally, National Bank Financial decreased their price objective on Teck Resources from C$11.50 to C$11.00 in a research report on Wednesday, October 21st.

Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Teck Resources presently has a consensus rating of “Hold” and a consensus target price of C$12.29.

Source: Citigroup Inc. Trims Teck Resources Ltd (TCK.B) Target Price to C$6.00 – American Banking News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s