Teck Resources Hits Sales Target, Faces Price Adjustment

TipRanksJul 5 23:51

Teck Resources Shifts Focus to Copper, Sells Coal Business

TipRanksJul 5 23:51

Teck Resources Ltd Price Target Cut to C$87.00/Share From C$88.00 by Banc of America

Teck Resources Ltd Price Target Cut to C$87.00/Share From C$88.00 by Banc of America

Dow JonesJul 5 23:43

US stock abnormal | Teck Resources initially rose more than 5% on the plate, and JNC's acquisition of its metallurgical coal business received conditional approval from Canada.

On July 5th, GeLongHui: Teck Resources (TECK.US) rose more than 5%, reaching a high of $52.74 at the beginning of trading. Now, the increase has narrowed to 3%. On the news front, Francois-Philippe Champagne, Canada's Minister of Industry, approved the acquisition of Elk Valley Resources by JNC Kaneko on Thursday evening local time, but attached several strict conditions to protect local employment and the environment. In a statement, Champagne also said the government has received a commitment from Teck Resources to reinvest a large portion of the benefits gained from the transaction.

Gelonghui FinanceJul 5 21:52

Morgan Stanley Maintains Teck Resources(TECK.US) With Buy Rating, Maintains Target Price $60

Morgan Stanley analyst Carlos De Alba maintains $Teck Resources(TECK.US)$ with a buy rating, and maintains the target price at $60.According to TipRanks data, the analyst has a success rate of 58.3% a

Futu NewsJul 5 20:32 · Ratings

Teck Resources "Outperform" Rating, $83 Price Target Confirmed by National Bank of Canada

Teck Resources (TECK-A.TO, TECK-B.TO) had its "outperform" rating and $83 price target confirmed by National Bank of Canada after the company received approval for the sale of its coal business to Gle

MT NewswiresJul 5 19:37