Teck Resources Limited (NYSE:TECK) Sees "Buy" Rating and Adjusted Price Target from Benchmark

• Benchmark updated its rating for Teck Resources Limited (NYSE:TECK) to a "Buy" recommendation, with a price target adjustment from $55 to $48.
• Teck Resources' Q2 2025 earnings call highlighted financial performance, including revenue and profit margins, and discussed strategic initiatives.
• The stock price of TECK has experienced a slight increase of 1.30%, trading at $33.43, with a market capitalization of approximately $16.39 billion.

Teck Resources Limited, trading on the NYSE under the symbol TECK, is a prominent player in the mining industry. The company is involved in the exploration, development, and production of natural resources, including copper, zinc, and steelmaking coal. As of July 28, 2025, Benchmark updated its rating for Teck Resources Limited (NYSE:TECK) to a "Buy" recommendation, although the action remains as "hold." At this time, the stock price was $33.33, as highlighted by TheFly.

Despite the updated rating, Benchmark adjusted the price target for TECK, lowering it from $55 to $48. This adjustment may reflect recent market conditions and strategic initiatives discussed during Teck Resources' Q2 2025 earnings conference call. The call, held on July 24, 2025, featured key company figures such as Crystal J. Prystai, the Executive Vice President and CFO, and Emma Chapman, the Vice President of Investor Relations.

During the earnings call, the company likely provided insights into its financial performance for the second quarter of 2025, including revenue and profit margins. TECK's stock price has seen a 1.30% increase, currently trading at $33.43, with a low of $32.61 and a high of $33.43 for the day. Over the past year, the stock has fluctuated between a low of $28.32 and a high of $54.13.

Teck Resources' market capitalization stands at approximately $16.39 billion, with a trading volume of 1,237,169 shares. These figures indicate the company's significant presence in the market. The earnings call may have also covered strategic initiatives and future outlooks, which could influence the stock's performance and investor sentiment moving forward.