NYSE:TECK

Teck Resources (TECK) Price Target & Analyst Ratings

$42.76

-0.17 (-0.40%)

(As of 06/8/2023 ET)

Compare

Today's Range: $42.23
▼
$43.20
50-Day Range: $36.19
▼
$48.65
52-Week Range: $24.72
▼
$49.34

Volume: 2.14 million shs
Average Volume: 4.82 million shs
Market Capitalization: $21.91 billion

P/E Ratio: 10.28
Dividend Yield: 0.87%
Price Target: $61.86

Teck Resources Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 14 Analyst Ratings

Consensus Analyst Price Target

$46.25
8.17% Upside

High Prediction	$50.00
Average Prediction	$46.25
Low Prediction	$42.00

Type	Current 6/8/22 to 6/8/23	1 Month Ago 5/9/22 to 5/9/23	3 Months Ago 3/10/22 to 3/10/23	1 Year Ago 6/8/21 to 6/8/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)	15 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$46.25	$46.25	$46.25	$44.86
Predicted Upside	8.17% Upside	23.29% Upside	30.16% Upside	49.44% Upside

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TECK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TECK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Teck Resources Stock vs. The Competition

Type	Teck Resources	Basic Materials Companies	S&P 500
Consensus Rating Score	2.64	2.56	2.48
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	8.26% Upside	190.80% Upside	229.18% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/3/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$46.00 ➝ $47.00	+6.72%
4/28/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Pipes Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$66.00 ➝ C$68.00
4/27/2023	92 Resources Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/27/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$69.00
4/27/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$65.00 ➝ C$76.00

4/27/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$80.00 ➝ C$78.00
4/27/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform
4/20/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$70.00 ➝ C$80.00
4/17/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Martin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$48.00 ➝ $50.00	+10.57%
4/13/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	O. Wowkodaw Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Outperform
4/11/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$65.00 ➝ C$66.00
4/3/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$65.00 ➝ C$62.00
3/29/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$44.00 ➝ $42.00	+17.98%
2/22/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$64.00 ➝ C$72.00
1/31/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$48.00 ➝ C$45.00
1/11/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$45.00 ➝ C$55.00
10/28/2022	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Dalton Baretto Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	C$51.00 ➝ C$46.00
10/17/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$40.00 ➝ C$47.00
7/26/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$68.00 ➝ C$63.00
6/14/2022	Clarkson Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral

(Data available from 6/8/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

TECK Price Target - Frequently Asked Questions

What is Teck Resources's consensus rating and price target?: According to the issued ratings of 14 analysts in the last year, the consensus rating for Teck Resources stock is Moderate Buy based on the current 5 hold ratings and 9 buy ratings for TECK. The average twelve-month price prediction for Teck Resources is $46.25 with a high price target of $50.00 and a low price target of $42.00. Learn more on TECK's analyst rating history.
Do Wall Street analysts like Teck Resources more than its competitors?: Analysts like Teck Resources more than other Basic Materials companies. The consensus rating for Teck Resources is Moderate Buy while the average consensus rating for basic materials companies is Buy. Learn more on how TECK compares to other companies.
Is Teck Resources being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Teck Resources's stock had 1 upgrade and 1 downgrade by analysts.

Does Teck Resources's stock price have much upside?: According to analysts, Teck Resources's stock has a predicted upside of 23.29% based on their 12-month price targets.
What analysts cover Teck Resources?: Teck Resources has been rated by 888, 92 Resources, B. Riley, Bank of America, Benchmark, CIBC, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, Morgan Stanley, National Bank Financial, Raymond James, Scotiabank, Stifel Nicolaus, and TD Securities in the past 90 days.

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This page (NYSE:TECK) was last updated on 6/8/2023 by MarketBeat.com Staff

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