FY2025 EPS Estimates for Teck Resources Boosted by Analyst

Key Points

• Analysts at Desjardins have raised their FY2025 earnings per share estimate for Teck Resources to $2.72, up from $2.34, but maintain a "Hold" rating on the stock.
• While several analysts have recently downgraded their ratings to "Hold," UBS Group upgraded Teck from "Hold" to "Strong Buy," resulting in a consensus rating of "Moderate Buy."
• Teck Resources currently holds a mixed analyst rating with three analysts rating it a Strong Buy and five issuing a Hold rating.

Teck Resources Ltd. (TSE:TCK - Free Report) - Equities researchers at Desjardins lifted their FY2025 earnings estimates for Teck Resources in a report released on Wednesday, October 1st. Desjardins analyst B. Adams now expects that the company will post earnings per share of $2.72 for the year, up from their previous forecast of $2.34. Desjardins has a "Hold" rating on the stock.

Several other research analysts also recently weighed in on the stock. Cibc World Mkts downgraded shares of Teck Resources from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 25th. B. Riley downgraded shares of Teck Resources from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. UBS Group upgraded shares of Teck Resources from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. Finally, Stifel Canada upgraded shares of Teck Resources to a "hold" rating in a research report on Tuesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

Teck Resources Stock Performance

About Teck Resources

Trillium Acquisition Corp is a capital pool company.

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