Buy, Sell or Hold: Teck Resources Ltd. (B) (TECK.B-T)

Home Daily Stock Opinions and Ratings Teck Resources Ltd. (B) (TECK.B-T)

TSE:TECK.B

49.86

1.85 (3.85%) 1d

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly TECK.B is reiterated as a TOP PICK. The global economic recovery and trend towards decarbonization will require massive inventories of copper -- and the world is short this commodity. Goldman Sachs projects copper prices to reach $15,000 per tone over the next three years, compared to this summer's low under $7,400. The company trades at 6x earnings and under book value -- a good entry point here. It intiated a $1 billion share buyback program. The company plans to open another copper mine that will double its output. We recommend trailing up the stop loss (from $33) to $38, looking to achieve $54 - upside potential over 17%. Yield 1.1% (Analysts’ price target is $53.36)

Mining

DON'T BUY

Inflation is a big negative for commodity companies. Costs of production and energy are skyrocketing. Diesel is hugely expensive now. Might get a boost on the commodity topline, but bottom line has an inflation rate all its own.

Mining

BUY

Stock up 25% over the past year. Demand for base materials has been strong. Concerns of new projects being delayed not a worry. Large amount of deposits. Will continue to do well. Good long term prospects.

Mining

BUY

Great. Chile mine is on time, on budget. Valuation and growth rate make sense. Could be a takeover target. Hasn't come down too much in this bear market. Thirst for copper for years to come. One to own for the next 5 years.

Mining

HOLD

Largest mining company listed in Canada. Three sources of production (coal, Zinc, copper). Very high quality of deposits. Building new projects.

Mining

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly The Vancouver based diversified natural resource company (including copper, steel, gold and fertilizer) with an $18 billion market cap is a TOP PICK. It trades under book value and at only 5x earnings. EPS has grown by 33% annually over past three years. Its ROE is impressive at 23%. It is just good value. We recommend setting a stop loss at $33, looking to achieve $56 – upside potential of 21%. Yield 1.09% (Analysts’ price target is $55.85)

Mining

WEAK BUY

Mining stocks have seen a pullback, mainly due to increases in capital cost inflation, labour, and transportation. Coal sales have been relatively strong, though coal price may be more variable going forward. Modest yield. Well priced. Could be a long-term investment.

Mining

TOP PICK

He has held this for quite a while but in the second quarter sold some due to a big drop in commodity prices going into the summer. Now there are some very good opportunities in the space so he is buying back in. The short to medium outlook is good. Buy 20 Hold 4 Sell 0 (Analysts’ price target is $52.09)

Mining

BUY

Is a good company to hold long term. Minerals are going to be in demand looking into the future. Recent market selloff has had negative affect on share price, but believes this is short time.

Mining

SELL

Time to invest in commodity names was 2 years ago. They've done well, but now you're chasing the last 10%. He'd be more of a seller.

Mining

SELL

Copper and met coal. Chart shows it was last at this level in 2007, which was the peak before the 2008 financial crisis. He'd look for an exit, that's why they're called cyclicals.

Mining

WEAK BUY

A good, well-managed company. All the materials still have a fair amount of upside. Over 1x price to book. Not a bargain, fairly priced. You want exposure to the materials. Modest yield.

Mining

PAST TOP PICK

(A Top Pick Jul 09/21, Up 74%) Materials gained since last year because of supply constraints that continue partly due to Russia. He still holds it, though isn't adding to it. He will start taking profits on this.

Mining

TOP PICK

It gives exposure to several metals commodities. It has been wildly volatile over a long time and now has bounced back to its book value. Fair market value is 185% above price, With a breakout above its technical level it could easily double or more. Also based on its own history. Buy 18 Hold 4 Sell 1.

Mining

PARTIAL BUY

Ability to benefit from a resurgence of NA production of just about everything. It will be sustainably strong due to a return to domestic production. Already had a big move, so better to buy just a little bit, perhaps 25% of your total position.

Mining

Showing 1 to 15 of 1,639 entries

Teck Resources Ltd. (B)(TECK.B-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 8

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 13

Stockchase rating for Teck Resources Ltd. (B) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Teck Resources Ltd. (B)(TECK.B-T) Frequently Asked Questions

What is Teck Resources Ltd. (B) stock symbol?

Teck Resources Ltd. (B) is a Canadian stock, trading under the symbol TECK.B-T on the Toronto Stock Exchange (TECK.B-CT). It is usually referred to as TSX:TECK.B or TECK.B-T

Is Teck Resources Ltd. (B) a buy or a sell?

In the last year, 13 stock analysts published opinions about TECK.B-T. 8 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Teck Resources Ltd. (B).

Is Teck Resources Ltd. (B) a good investment or a top pick?

Teck Resources Ltd. (B) was recommended as a Top Pick by on . Read the latest stock experts ratings for Teck Resources Ltd. (B).

Why is Teck Resources Ltd. (B) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Teck Resources Ltd. (B) worth watching?

13 stock analysts on Stockchase covered Teck Resources Ltd. (B) In the last year. It is a trending stock that is worth watching.

What is Teck Resources Ltd. (B) stock price?

On 2022-11-30, Teck Resources Ltd. (B) (TECK.B-T) stock closed at a price of $49.86.

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Teck Resources Ltd. (B) (TECK.B-T)

TSE:TECK.B

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

It’s a Panic-proof Portfolio opinion which is available only for Premium members

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T)

Teck Resources Ltd. (B)(TECK.B-T) Rating

Teck Resources Ltd. (B)(TECK.B-T) Frequently Asked Questions

What is Teck Resources Ltd. (B) stock symbol?

Is Teck Resources Ltd. (B) a buy or a sell?

Is Teck Resources Ltd. (B) a good investment or a top pick?

Why is Teck Resources Ltd. (B) stock dropping?

Is Teck Resources Ltd. (B) worth watching?

What is Teck Resources Ltd. (B) stock price?

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