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NYSE: TECK
Teck Resources Ltd Stock Forecast, Predictions & Price Target

Buy TECK

Analyst price target for TECK

Based on 6 analysts offering 12 month price targets for Teck Resources Ltd.
Min Forecast
$30.00-5.33%
Avg Forecast
$43.67+37.79%
Max Forecast
$52.00+64.09%

Should I buy or sell TECK stock?

Based on 6 analysts offering ratings for Teck Resources Ltd.
Strong Buy
Strong Buy
4 analysts 66.67%
Buy
1 analysts 16.67%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TECK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 2%
99
HoldDowngrades$45.00+42.00%2022-06-23
Deutsche Bank
Bottom 25%
25
Strong BuyMaintains$52.00+64.09%2022-06-09
Anonymous
Morgan Stanley
Strong BuyMaintains$47.00+48.31%2022-03-24
Goldman Sachs
Top 10%
91
Strong BuyUpgrades$51.00+60.93%2022-03-09
Citigroup
Top 12%
89
Strong BuyUpgrades$40.00+26.22%2021-09-29
BMO Capital
Bottom 7%
7
BuyUpgrades$44.00+38.85%2021-09-22
Bank of America
Top 23%
78
Strong BuyUpgrades$30.00-5.33%2021-07-08

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Forecast return on equity

Is TECK forecast to generate an efficient return?
Company
9.04%
Industry
51.51%
Market
32.14%
TECK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TECK forecast to generate an efficient return on assets?
Company
4.48%
Industry
24.28%
TECK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TECK earnings per share forecast

What is TECK's earnings per share in the next 3 years based on estimates from 15 analysts?
Avg 1 year Forecast
$7.69+25.18%
Avg 2 year Forecast
$5.43-11.61%
Avg 3 year Forecast
$3.83-37.65%
TECK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TECK revenue forecast

What is TECK's revenue in the next 3 years based on estimates from 19 analysts?
Avg 1 year Forecast
$15.1B+19.27%
Avg 2 year Forecast
$13.5B+6.6%
Avg 3 year Forecast
$12.7B+0.15%
TECK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TECK earnings growth forecast

How is TECK forecast to perform vs Other Industrial Metals & Mining companies and vs the US market?
Company
-14.57%
Industry
-5.09%
Market
15.6%
TECK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TECK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TECK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TECK revenue growth forecast

How is TECK forecast to perform vs Other Industrial Metals & Mining companies and vs the US market?
Company
0.05%
Industry
-6.17%
Market
9.36%
TECK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TECK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TECK vs Mining Stocks

TickerPricePrice TargetUp/downsideConsensus
TECK$31.69$43.67+37.79%Strong Buy
MP$35.72$48.20+34.94%Strong Buy
LAC$21.82$38.17+74.92%Strong Buy
SGML$16.10$21.66+34.50%Strong Buy
MTRN$73.21$113.00+54.35%Strong Buy

Teck Resources Stock Forecast FAQ

Is Teck Resources Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: TECK) stock is to Strong Buy TECK stock.

Out of 6 analysts, 4 (66.67%) are recommending TECK as a Strong Buy, 1 (16.67%) are recommending TECK as a Buy, 1 (16.67%) are recommending TECK as a Hold, 0 (0%) are recommending TECK as a Sell, and 0 (0%) are recommending TECK as a Strong Sell.

What is TECK's earnings growth forecast for 2022-2024?

(NYSE: TECK) Teck Resources's forecast annual earnings growth rate of -14.57% is not forecast to beat the US Other Industrial Metals & Mining industry's average forecast earnings growth rate of -5.09%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.6%.

Teck Resources's earnings in 2022 is $3,280,952,380.On average, 15 Wall Street analysts forecast TECK's earnings for 2022 to be $4,108,105,729, with the lowest TECK earnings forecast at $518,187,589, and the highest TECK earnings forecast at $6,447,963,089. On average, 20 Wall Street analysts forecast TECK's earnings for 2023 to be $2,900,782,069, with the lowest TECK earnings forecast at $1,383,614,283, and the highest TECK earnings forecast at $6,138,118,963.

In 2024, TECK is forecast to generate $2,046,039,654 in earnings, with the lowest earnings forecast at $1,308,824,322 and the highest earnings forecast at $3,141,178,373.

What is TECK's revenue growth forecast for 2022-2024?

(NYSE: TECK) Teck Resources's forecast annual revenue growth rate of 0.05% is forecast to beat the US Other Industrial Metals & Mining industry's average forecast revenue growth rate of -6.17%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.36%.

Teck Resources's revenue in 2022 is $12,671,428,571.On average, 19 Wall Street analysts forecast TECK's revenue for 2022 to be $8,073,470,009,429, with the lowest TECK revenue forecast at $7,085,718,456,854, and the highest TECK revenue forecast at $8,872,765,817,621. On average, 19 Wall Street analysts forecast TECK's revenue for 2023 to be $7,216,347,137,405, with the lowest TECK revenue forecast at $5,661,915,253,647, and the highest TECK revenue forecast at $9,526,269,814,831.

In 2024, TECK is forecast to generate $6,779,310,930,354 in revenue, with the lowest revenue forecast at $5,737,565,299,462 and the highest revenue forecast at $7,678,706,691,125.

What is TECK's forecast return on assets (ROA) for 2022-2025?

(NYSE: TECK) forecast ROA is 4.48%, which is lower than the forecast US Other Industrial Metals & Mining industry average of 24.28%.

What is TECK's Price Target?

According to 6 Wall Street analysts that have issued a 1 year TECK price target, the average TECK price target is $43.67, with the highest TECK stock price forecast at $52.00 and the lowest TECK stock price forecast at $30.00.

On average, Wall Street analysts predict that Teck Resources's share price could reach $43.67 by Jun 23, 2023. The average Teck Resources stock price prediction forecasts a potential upside of 37.79% from the current TECK share price of $31.69.

What is TECK's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: TECK) Teck Resources's current Earnings Per Share (EPS) is $6.14. On average, analysts forecast that TECK's EPS will be $7.69 for 2022, with the lowest EPS forecast at $0.97, and the highest EPS forecast at $12.07. On average, analysts forecast that TECK's EPS will be $5.43 for 2023, with the lowest EPS forecast at $2.59, and the highest EPS forecast at $11.49. In 2024, TECK's EPS is forecast to hit $3.83 (min: $2.45, max: $5.88).

What is TECK's forecast return on equity (ROE) for 2022-2025?

(NYSE: TECK) forecast ROE is 9.04%, which is considered weak.
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