Weekly Analysts’ Ratings Changes for Teck Resources (TECK.B)

A number of research firms have changed their ratings and price targets for Teck Resources (TSE: TECK.B):

• 1/26/2026 – Teck Resources had its price target raised by analysts at Desjardins from C$65.00 to C$74.00. They now have a “hold” rating on the stock.
• 1/22/2026 – Teck Resources was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating. They now have a C$76.00 price target on the stock, up previously from C$70.00.
• 1/12/2026 – Teck Resources had its price target raised by analysts at Jefferies Financial Group Inc. from C$71.00 to C$80.00.
• 1/8/2026 – Teck Resources had its price target raised by analysts at Scotiabank from C$60.00 to C$70.00. They now have a “sector perform” rating on the stock.
• 12/8/2025 – Teck Resources had its price target lowered by analysts at Jefferies Financial Group Inc. from C$80.00 to C$71.00.
• 11/27/2025 – Teck Resources had its price target raised by analysts at CIBC from C$57.00 to C$61.00. They now have a “buy” rating on the stock.

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%.