TSE:TECK.B

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

92.76
+0.20 (0.22%)
as of Aug 6, 2026, 8:00:00 pm Market Open.
551 watching
0
Investor Insights
star iconAug 6, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Experts have mixed feelings about Teck Resources Ltd. amid its proposed merger with Anglo American. While some analysts express optimism about the long-term benefits of merging complementary assets and the potential to become a major player in the copper market, others highlight execution risks associated with the deal. Recent performance shows strong copper production and earnings beats, but fears persist regarding the dependency on copper prices and geopolitical factors. The upcoming vote on the merger and the company's challenged QB2 mine have led to cautious sentiment among investors. Overall, while some analysts view the stock as a good opportunity, others advise waiting for better entry points post merger completion.

consensus icon
Consensus
Cautious
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Valuation
Fair Value
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COMMENT
Has sold off a lot so is cheaper right now. A leverage to play towards coal and gold. 1.3% dividend.
SELL
Very strong seasonal characteristics. Seasonality is tied to base metals and coal around the end of November through to the end of April. Seasonal strength will probably be late this year.
PAST TOP PICK
(A Top Pick June 10/09. Up 75.98%.)
COMMENT
Going forward this will be a very swinging stock. Market sentiment related. Net asset value is low $40's. A Buy in the low $30's and a Sell in the high $30's. If you are a trader, you can probably do that a few times.
PARTIAL BUY
Would start to nibble at this a little. Well exposed to global growth.
WATCH
Dropped below the 50 and 200 day moving averages and is now bumping up against them so he would watch to see if it can break above that. In general he likes the material space.
TOP PICK
Sell Oct $35 Put @ $2.50. If the stock is above $35 come October, you keep the $2.50. If the stock is Put to you, you buy at $35 less that $2.50.
PAST TOP PICK
(Top Pick June 15/09, Up 75.41%) A favourite company. Trimmed a bit.
SELL
We are now seeing action below the trend line. It’s been volatile, as has the market. There are good fundamentals and they may play out.
RISKY
Near death experience. People are worried about the Chinese economy. There is no doubt that coal prices are weakening. There is an inventory of steel building up and this affects Tek. He would buy for only the more aggressive clients.
PAST TOP PICK
(A Top Pick April 28/09. Up 229%.)
WAIT
Has come off mainly because of fears of collapsing base metal prices, which reflect a fear of a slowdown in China. What isn't being reflected is Chinas tremendous continuing demand for coal.
TOP PICK
Could be down another 10% near term so don't be in a hurry. Comfortable that it should be back to its highs in 12 months. Debt is manageable. Back in growth mode in copper and coking coal (about 80% of EBITDA). Core holding in Canadian metals.
DON'T BUY
He has pulled back on the commodity stocks. Will watch the Chinese economy and see if it can maintain itself. Chinese market has been going sideways for most of this year. Prefers stocks with yield so that he gets paid while waiting.
DON'T BUY
This is a bet on coal and coal pricing. This involves steel demand in China and how much they will pay for high-quality coal. Feels cold could come down because of overcapacity in steel.
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