Teck Resources Fair Value Estimate Raised to CA$85.00 Amid Mixed Analyst Targets

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Summary · why it matters

Teck Resources' fair value estimate has been increased to CA$85.00 from CA$83.06, reflecting updated financial assumptions. Revenue growth is now modeled at 83.99%, up from 9.64%, while net profit margin is projected at 15.98%, compared with 13.21% previously. The future price-to-earnings multiple is set at 26.02 times, down from 31.40 times, and the discount rate is 8.23%, slightly higher than the prior 8.18%. Analyst price targets remain mixed, with Scotiabank raising its target to C$85, Deutsche Bank to US$62 with a Buy rating, and multiple increases from TD Securities, CIBC, and Canaccord, while Veritas shifted to a Reduce rating with a C$100 target.

Impact on assets 5

Critical Materials & Supply Chain▲ · 1 stocks
Teck Resources Ltd Class B
TECK
▲ PositiveCapitalrelevance

Fair value estimate raised to CA$85.00 and multiple analyst target increases (Scotiabank, Deutsche Bank, TD Securities, CIBC, Canaccord) reflect positive valuation adjustments.

Off-coverage companies 1

Veritas Investment ResearchPrivate± Mixed
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