What 7 Analyst Ratings Have To Say About Teck Resources
Portfolio Pulse from Benzinga Insights
Over the last quarter, 7 analysts have provided ratings for Teck Resources (NYSE:TECK), with 4 being bullish, 3 somewhat bullish, and none being indifferent, somewhat bearish, or bearish. The average price target is $56.43, representing an upside from the current price of $34.75. This average is a 10.43% decrease from the previous average price target of $63.00.
November 10, 2023 | 12:00 pm
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POSITIVE IMPACT
Analysts are generally bullish on Teck Resources, with an average price target of $56.43, indicating potential upside from the current price. However, the average target has decreased by 10.43% from the previous one.
The bullish ratings from analysts indicate a positive outlook for Teck Resources. The average price target suggests potential upside, which could attract investors and drive the stock price up. However, the decrease in the average target could indicate a less optimistic view than before, which might temper the potential increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100