Citigroup upgraded shares of Teck Resources (TSE:TCK – Free Report) to a hold rating in a report issued on Wednesday, Zacks.com reports.
A number of other research firms have also recently issued reports on TCK. TD Securities upgraded shares of Teck Resources to a strong-buy rating in a research note on Tuesday, July 16th. UBS Group raised shares of Teck Resources from a hold rating to a strong-buy rating in a research note on Wednesday, September 4th. Paradigm Capital upgraded shares of Teck Resources to a moderate buy rating in a report on Friday, July 26th. Eight Capital lowered Teck Resources from a strong-buy rating to a hold rating in a report on Thursday, July 11th. Finally, BMO Capital Markets raised Teck Resources from a hold rating to a strong-buy rating in a research report on Monday, July 15th. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of Buy.
Check Out Our Latest Stock Report on TCK
Teck Resources Price Performance
Teck Resources Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, September 13th.
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