Teck Resources Ltd. (B) (TECK.B.TO) Buy, Sell…

Home

Daily Stock Opinions and Ratings

Teck Resources Ltd. (B) (TECK.B.TO)

98.76

-0.22 (0.22%)

as of Aug 26, 2026, 8:00:00 pm Market Open.

551 watching

Investor Insights

Aug 26, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Teck Resources Ltd. (TECK.B-T) is currently navigating its planned merger with Anglo American, a development generating a mix of cautious optimism and skepticism among analysts. The merger is seen as a potentially transformative move, positioning Teck as a major player in the copper market, especially as demand for copper surges due to the growth of AI and data centers. Analysts express concerns about execution risks and past performance, particularly related to the QB2 mine. Nonetheless, there is a general belief that if the merger successfully progresses, Teck's valuation could improve, and it may attract institutional investors. The discussions underscore the importance of commodity prices, particularly copper, and how they influence investor sentiment regarding resource stocks, which are often affected by fluctuating markets and geopolitical risks.

Consensus

Hold

Valuation

Fair Value

Similar

BHP, BHP

COMMENT

Commodities get vulnerable when there is concern about the market. If he was to buy a metals producer he would buy RIO-N, which is sitting on a rising moving average. TECK.B appears to have lost its upward momentum. The yield on both of these is above 5% and it will become a favorite space once investors regain their confidence.

PARTIAL BUY

His go-to stock if he was buying base metals. Eventually, commodities will go through the roof, so now is a good time to be adding, but don't go overweight. It's a good company, but you will wait.

DON'T BUY

The chart doesn't look great. Moving averages are moving lower. Not good. Seasonality is end of the year into the new, late-November to mid-February. Revenue growth is healthy though.

HOLD

Likes it, but concerned right now because it's a world economy stock. Not the time to step in. If you own it, hold. One of the best managed Canadian mining companies. If you're looking ahead to the 2020s, you could buy it on a dip.

PAST TOP PICK

(A Top Pick Jan 10/19, Down 5%) Volatile. Big move down from mid-April to end-May due to trade issues and the U.S. dollar. It's been choppy and rangebound since 2016, but it could breakout to $45. You are paid to wait.

DON'T BUY

He firmly believes you want to own commodity stocks when the underlying commodity prices are holding their value. Right now, Teck's underlying commodities remain under pressure. He would stay away until copper and zinc prices improve. (Analysts’ price target is $40.00)

WEAK BUY

He is not a resource bull normally, but he likes restructuring themes. The base metals area has been unloved and under owned for a long time. Lows on the sector have been increasing since 2015. This group is set up to do quite well. He prefers RIO-T. The risk reward is very, very good. TECH.B-T should participate in this camp. (Analysts’ price target is $40.00)

PAST TOP PICK

(A Top Pick Mar 22/19, Down 6%) One of the best mining stocks. It fell to $24 in October, and recently returned to February lows around $27. The lows are higher, which is reassuring. The deep cyclical stocks aren't moving these days. If it falls below $28, then it will likely return to $26. TECK really ramped up in April during the China-US trade talks, so until there's clarity on those talks, TECK won't go anywhere.

TOP PICK

Generates $4 billion in cash flow and just received an investment grade credit rating. It will survive a financial Armageddon. Their latest copper mine project will time the rise in copper prices perfectly he feels. Yield 0.71% (Analysts’ price target is $39.84)

PAST TOP PICK

(A Top Pick Apr 09/19, Down 12%) His copper play. The longer-term chart looks good. Cyclical commodities should do well this year. He will re-evaluate this stock in June. All copper names have been slammed during this trade war; copper is a big proxy for China.

HOLD

China issues? A cyclical stock for sure, so its tough to buy and hold. The balance sheet has been right sized as the debt has been reduced. They are cheap based on earnings. If you believe China trade issues will be resolved, you should continue to hold. (Analysts’ price target is $39.84)

PARTIAL SELL

Cyclical. Want to take profits. Optimal time is November - February. Between now and November, tends to trade negatively. Recently, materials production fell off. Inventories will have to be alleviated, so demand for materials is lower. Longer term, if it trades below $24, he doesn't want to be there.

SELL ON STRENGTH

It has really consolidated. We are above the support level but not doing very much. It has a lot to do with China trade negotiations. Look to exit.

BUY ON WEAKNESS

He would buy it on dips. It is one of the few commodity stocks he owns right now. The results have been steady. They can capitalize on the turnaround after a trade deal. Buy it below $30.

BUY

Good trend since fall 2018. They have a superb balance sheet with the US dollar as a tailwind. Now is a period of strength for TECK though it dips in mid-May--we may be seeing that dip now. Around $30 this is a buy with good support.

Showing 151 to 165 of 1,723 entries

Most Recent Experts

Javed Mirza

Raymond James

Bill Baruch, Founder, Blue Line Capital

Blue Line Capital

Karen Firestone, CEO, Aureus Asset Management

Aureus Asset Management

Joe Terranova

Virtus Investment Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Teck Resources Ltd. (B) (TECK.B.TO)