Greg Barnes, analyst at TD Securities, reiterates coverage on Teck Resources (TECK) in the Basic Materials sector with a Buy rating. TipRanks.com has Barnes rated as a 3 star analyst with a 4% return on investment and a 47% success rate. Barnes has set a price target of $31.30 .
TipRanks.com reports that TECK currently has 17 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $29.26 . The target pricing ranges from a high forecast of $34.43 down to a low forecast of $22.69 .
TECK’s last closing price was $24.68 which would put the average price target at 18.56% upside.
In addition, TradingView issued a Buy rating for TECK over the next month.
Remember, securities are volatile, so please do your own research on TECK.
Other analysts covering TECK include:
- Emily Chieng of Goldman Sachs issued a hold with the price target of $25.82 on September 21st
- Brian MacArthur of Raymond James issued a buy rate with the price target of $30.51 on September 21st
- Orest Wowkodaw of Scotiabank issued a buy rate with the price target of $33.64 on September 21st
- Jackie Przybylowski of BMO Capital issued a buy rate with the price target of $34.43 on September 21st
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