In a report released yesterday, Sam Crittenden from RBC Capital maintained a Buy rating on Teck Resources (TECK – Research Report), with a price target of C$84.00. The company’s shares closed yesterday at $40.49.

Crittenden covers the Basic Materials sector, focusing on stocks such as Teck Resources, Ivanhoe Mines, and Capstone Copper. According to TipRanks, Crittenden has an average return of 16.0% and a 53.23% success rate on recommended stocks.

Teck Resources has an analyst consensus of Strong Buy, with a price target consensus of $52.59, which is a 29.88% upside from current levels. In a report released on March 11, Morgan Stanley also maintained a Buy rating on the stock with a $52.50 price target.

The company has a one-year high of $55.13 and a one-year low of $36.54. Currently, Teck Resources has an average volume of 3.04M.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TECK in relation to earlier this year.