Teck Resources Limited (TECK)
NYSE: TECK · Real-Time Price · USD
41.13
-2.23 (-5.14%)
Feb 21, 2025, 4:00 PM EST - Market closed
Teck Resources Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Teck Resources stock have an average target of 65, with a low estimate of 50 and a high estimate of 80. The average target predicts an increase of 58.04% from the current stock price of 41.13.
Analyst Consensus: Buy
* Price targets were last updated on Jan 22, 2025.
Analyst Ratings
The average analyst rating for Teck Resources stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $75 → $70 | Buy | Maintains | $75 → $70 | +70.19% | Jan 22, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $55 → $51 | Buy | Maintains | $55 → $51 | +24.00% | Jan 16, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $57 → $55 | Buy | Maintains | $57 → $55 | +33.72% | Oct 25, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $50 | Strong Buy → Hold | Downgrades | $50 | +21.57% | Oct 25, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $54 → $57 | Buy | Maintains | $54 → $57 | +38.58% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
13.62B
from 15.01B
Decreased by -9.29%
Revenue Next Year
10.98B
from 13.62B
Decreased by -19.39%
EPS This Year
2.53
from 4.59
Decreased by -44.81%
EPS Next Year
2.35
from 2.53
Decreased by -7.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.5B | 12.1B | 13.7B | ||
| Avg | 13.6B | 11.0B | 11.7B | ||
| Low | 12.7B | 10.0B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.1% | -11.2% | 25.2% | ||
| Avg | -9.3% | -19.4% | 6.7% | ||
| Low | -15.1% | -26.3% | -11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.08 | 3.92 | 3.73 | ||
| Avg | 2.53 | 2.35 | 2.90 | ||
| Low | 2.16 | 1.31 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -33.0% | 54.6% | 58.9% | ||
| Avg | -44.8% | -7.4% | 23.9% | ||
| Low | -53.0% | -48.2% | -29.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.