Teck Resources (TSE:TCK) Rating Lowered to “Hold” at Natl Bk Canada

Teck Resources (TSE:TCKGet Free Report) was downgraded by analysts at Natl Bk Canada from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

A number of other brokerages have also recently issued reports on TCK. Canaccord Genuity Group cut Teck Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 8th. Veritas lowered Teck Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. UBS Group raised Teck Resources from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 3rd. Finally, Scotiabank lowered shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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Trillium Acquisition Corp is a capital pool company.

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