Teck Resources Ltd (NYSE:TCK) has been given a “B+” credit rating by analysts at Morningstar. The investment research firm’s “B+” rating indicates that the company is a high default risk. They also gave their stock a four star rating.

TCK has been the topic of a number of other reports. Citigroup Inc. reaffirmed a “neutral” rating and set a $9.00 price objective (up from $7.50) on shares of Teck Resources in a research report on Sunday, October 18th. RBC Capital reissued an “outperform” rating and issued a $18.00 price target on shares of Teck Resources in a report on Monday, October 19th. BB&T Corp. raised Teck Resources from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Friday, October 23rd. Zacks Investment Research raised Teck Resources from a “sell” rating to a “hold” rating in a report on Monday, October 12th. Finally, Deutsche Bank lowered their price target on Teck Resources from $9.00 to $5.00 and set a “hold” rating on the stock in a report on Monday, October 5th. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company’s stock. Teck Resources presently has a consensus rating of “Hold” and a consensus price target of $10.08.

Teck Resources (NYSE:TCK) opened at 3.63 on Tuesday. The firm has a 50-day moving average price of $3.47 and a 200 day moving average price of $5.38. The company’s market cap is $2.09 billion. Teck Resources has a 12 month low of $2.56 and a 12 month high of $16.40.

Teck Resources Ltd. is engaged in the business of exploring, acquiring, developing and producing natural resources. The Company is focused on steelmaking coal, copper, zinc and energy. The Company exports seaborne steelmaking coal and produces mined zinc. The Company also produces lead, molybdenum, silver, and various specialty and other metals, chemicals and fertilizers. It explores for copper from its interests in Antamina in Peru, Quebrada Blanca and Carmen de Andacollo in Chile and Duck Pond in Newfoundland. The Company has around 97.5% interest in Highland Valley Copper. The Company produces mined zinc, primarily from its Red Dog mine in Alaska, the Antamina mine in northern Peru, and its Pend Oreille mine in Washington State. Its energy assets in the Athabasca oil sands region of northeastern Alberta include its interests in the Fort Hills oil sands project, Frontier oil sands project in various other oil sands leases in the exploration phase, including the Lease 421 Area.

12 Month Chart for NYSE:TCK

To view more credit ratings from Morningstar, visit www.jdoqocy.comclick-7674909-10651170.

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