Deutsche Bank has upgraded Teck Resources Ltd (TECK) from Hold to Buy as of September 7, 2025. The current share price stands at $40.28.
This upgrade reflects a more optimistic outlook on Teck Resources' prospects, potentially indicating improved fundamentals or enhanced confidence in the company’s strategic direction. Teck Resources, headquartered in Vancouver, British Columbia, operates within the Metals & Mining sector and employs approximately 7,200 full-time staff. The company is engaged in the exploration, acquisition, development, production, and sale of natural resources, with notable projects including the Highland Valley Copper Mine Life Extension Project and the Galore Creek Project.
As of November 20, 2025, Teck Resources has a market capitalisation of $18.9 billion, a price-to-earnings ratio of 21.18, and an earnings per share (EPS) of 2.50. The company also offers a dividend yield of 88.8%. Upcoming earnings reports are scheduled, with estimates of $0.47 per share on July 22, 2026, and $0.54 per share on April 23, 2026.
Analyst consensus indicates a Buy rating, with two analysts rating it as Strong Buy, seven as Buy, and seven as Hold. Recent analyst actions include Deutsche Bank’s upgrade and other firms maintaining or adjusting their ratings, reflecting varying perspectives on the company’s performance and market conditions. Analyst ratings can change over time, influenced by new information and evolving market dynamics.