Macquarie Reports Teck Resources Limited (TECK) Upgrade; Envestnet Asset Management Trimmed Ncr New (NCR) Holding By $431,630

Among 10 analysts covering Teck Resources Ltd Ordinary Shares (TECK), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. Teck Resources Ltd Ordinary Shares has $41 highest and $16 lowest target. $30.20’s average target is 19.46% above currents $25.28 stock price. Teck Resources Ltd Ordinary Shares had 14 analyst reports since May 30, 2017 according to SRatingsIntel. The company was downgraded on Tuesday, February 20 by Bank of America. As per Tuesday, March 27, the company rating was upgraded by Macquarie Research. The stock of Teck Resources Limited (NYSE:TECK) has “Outperform” rating given on Monday, September 25 by BMO Capital Markets. The rating was maintained by Morgan Stanley on Wednesday, February 28 with “Equal-Weight”. The firm earned “Overweight” rating on Tuesday, May 30 by JP Morgan. Citigroup downgraded the stock to “Neutral” rating in Monday, December 4 report. The firm has “Equal-Weight” rating given on Monday, March 26 by Morgan Stanley. The stock of Teck Resources Limited (NYSE:TECK) has “Buy” rating given on Wednesday, October 4 by Bank of America. As per Tuesday, February 20, the company rating was downgraded by Macquarie Research. Bank of America maintained Teck Resources Limited (NYSE:TECK) rating on Friday, February 9. Bank of America has “Buy” rating and $36 target.

Envestnet Asset Management Inc decreased Ncr Corp New (NCR) stake by 67.97% reported in 2017Q4 SEC filing. Envestnet Asset Management Inc sold 12,695 shares as Ncr Corp New (NCR)’s stock declined 8.10%. The Envestnet Asset Management Inc holds 5,981 shares with $204,000 value, down from 18,676 last quarter. Ncr Corp New now has $3.66B valuation. The stock increased 0.72% or $0.22 during the last trading session, reaching $30.87. About 1.31 million shares traded or 7.43% up from the average. NCR Corporation (NYSE:NCR) has declined 29.34% since March 28, 2017 and is downtrending. It has underperformed by 40.89% the S&P500.

Teck Resources Limited explores for, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe. The company has market cap of $14.33 billion. The company's principal products comprise steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; and lead concentrates. It has a 7.74 P/E ratio. It also produces molybdenum, gold, silver, germanium, indium, and cadmium, as well as chemicals, industrial products, and fertilizers.

The stock decreased 2.17% or $0.56 during the last trading session, reaching $25.28. About 2.61M shares traded. Teck Resources Limited (TECK) has risen 16.59% since March 28, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Analysts await Teck Resources Limited (NYSE:TECK) to report earnings on April, 24. They expect $1.18 earnings per share, up 34.09% or $0.30 from last year’s $0.88 per share. TECK’s profit will be $668.70 million for 5.36 P/E if the $1.18 EPS becomes a reality. After $0.95 actual earnings per share reported by Teck Resources Limited for the previous quarter, Wall Street now forecasts 24.21% EPS growth.

Analysts await NCR Corporation (NYSE:NCR) to report earnings on April, 19. They expect $0.44 EPS, down 21.43% or $0.12 from last year’s $0.56 per share. NCR’s profit will be $52.17M for 17.54 P/E if the $0.44 EPS becomes a reality. After $0.92 actual EPS reported by NCR Corporation for the previous quarter, Wall Street now forecasts -52.17% negative EPS growth.