Analysts’ Weekly Ratings Updates for Teck Resources (TECK.B)
by Doug Wharley · The Cerbat GemSeveral analysts have recently updated their ratings and price targets for Teck Resources (TSE: TECK.B):
- 4/24/2026 – Teck Resources had its price target raised by Canaccord Genuity Group Inc. from C$78.00 to C$85.50. They now have a “hold” rating on the stock.
- 4/24/2026 – Teck Resources had its price target raised by Raymond James Financial, Inc. from C$78.00 to C$80.00. They now have a “market perform” rating on the stock.
- 4/24/2026 – Teck Resources had its price target raised by Canadian Imperial Bank of Commerce from C$79.00 to C$83.00. They now have a “tender” rating on the stock.
- 4/24/2026 – Teck Resources had its price target raised by National Bank Financial from C$90.00 to C$92.50. They now have a “sector perform” rating on the stock.
- 4/15/2026 – Teck Resources had its price target raised by National Bank Financial from C$85.00 to C$90.00. They now have a “sector perform” rating on the stock.
- 4/14/2026 – Teck Resources had its price target raised by Scotiabank from C$70.00 to C$75.00.
- 3/23/2026 – Teck Resources had its price target lowered by Scotiabank from C$80.00 to C$70.00.
Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck’s primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world’s second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner. It is building a major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, which will increase Teck’s attributable copper production by around 80%.