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J.P. Morgan Sticks to Its Hold Rating for Teck Resources (TECK)

Tipranks - Tipranks - Tue Apr 7, 4:50AM CDT

J.P. Morgan analyst Bill Peterson maintained a Hold rating on Teck Resources yesterday and set a price target of $62.00.

Easter Sale - 70% Off TipRanks

Peterson covers the Basic Materials sector, focusing on stocks such as MP Materials, Nucor, and Steel Dynamics. According to TipRanks, Peterson has an average return of 2.8% and a 46.72% success rate on recommended stocks.

In a report released on April 2, TipRanks – xAI also reiterated a Hold rating on the stock with a C$78.00 price target.

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The company has a one-year high of C$85.42 and a one-year low of C$40.23. Currently, Teck Resources has an average volume of 1.27M.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is neutral on the stock.

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