Teck Resources Ltd (NYSE:TECK) Receives $59.17 Average PT from Analysts

Posted by on May 27th, 2026

Teck Resources Ltd (NYSE:TECK – Get Free Report) (TSE:TECK) has received an average recommendation of “Hold” from the nineteen brokerages that are covering the firm, Marketbeat reports. Thirteen analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $59.1667.

A number of research analysts have recently issued reports on the stock. TD Securities reiterated a “hold” rating on shares of Teck Resources in a research note on Friday, April 24th. JPMorgan Chase & Co. boosted their price objective on shares of Teck Resources from $45.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Zacks Research downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Truist Financial set a $67.00 price objective on shares of Teck Resources in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Teck Resources in a report on Friday, May 15th.

Read Our Latest Stock Report on Teck Resources

Institutional Trading of Teck Resources

A number of institutional investors have recently added to or reduced their stakes in TECK. Brown Brothers Harriman & Co. purchased a new stake in Teck Resources during the fourth quarter worth about $25,000. Versant Capital Management Inc purchased a new stake in shares of Teck Resources in the third quarter valued at about $26,000. Blue Trust Inc. lifted its holdings in shares of Teck Resources by 411.8% in the first quarter. Blue Trust Inc. now owns 563 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 453 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Teck Resources by 117.4% in the first quarter. Geneos Wealth Management Inc. now owns 561 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 303 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Teck Resources by 72.4% in the third quarter. Smartleaf Asset Management LLC now owns 836 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 351 shares in the last quarter. Hedge funds and other institutional investors own 78.06% of the company’s stock.

Teck Resources Trading Up 3.9%

Shares of Teck Resources stock opened at $65.13 on Wednesday. Teck Resources has a 52-week low of $30.98 and a 52-week high of $67.67. The company has a quick ratio of 2.16, a current ratio of 2.83 and a debt-to-equity ratio of 0.13. The company’s 50-day simple moving average is $56.83 and its 200-day simple moving average is $52.25. The firm has a market cap of $31.39 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 4.59 and a beta of 0.86.

Teck Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.50 dividend on an annualized basis and a yield of 0.8%. Teck Resources’s payout ratio is currently 13.19%.

Teck Resources Company Profile

(Get Free Report)

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.

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Analyst Recommendations for Teck Resources (NYSE:TECK)

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