How Analysts Feel About Rio Tinto plc (LON:RIO)?

June 19, 2017 - By Richard Conner

 How Analysts Feel About Rio Tinto plc (LON:RIO)?

Rio Tinto plc (LON:RIO) Ratings Coverage

Among 29 analysts covering Rio Tinto PLC (LON:RIO), 18 have Buy rating, 2 Sell and 9 Hold. Therefore 62% are positive. Rio Tinto PLC had 456 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Tuesday, August 2 with “Overweight”. Investec maintained Rio Tinto plc (LON:RIO) rating on Wednesday, September 16. Investec has “Hold” rating and GBX 2353 target. The firm earned “Overweight” rating on Thursday, January 26 by Barclays Capital. The stock has “Overweight” rating by JP Morgan on Wednesday, December 9. The rating was maintained by Citigroup with “Buy” on Tuesday, August 11. The company was maintained on Thursday, January 14 by Deutsche Bank. Deutsche Bank maintained Rio Tinto plc (LON:RIO) rating on Friday, March 18. Deutsche Bank has “Buy” rating and GBX 3300 target. The firm has “Buy” rating given on Thursday, May 26 by Deutsche Bank. The firm has “Neutral” rating by Credit Suisse given on Friday, February 5. Liberum Capital maintained Rio Tinto plc (LON:RIO) rating on Tuesday, September 20. Liberum Capital has “Sell” rating and GBX 1590 target. Below is a list of Rio Tinto plc (LON:RIO) latest ratings and price target changes.

19/06/2017 Broker: Citigroup Rating: Buy New Target: GBX 3400.00 Maintain
19/06/2017 Broker: Macquarie Research Rating: Outperform New Target: GBX 4000.00 Maintain
16/06/2017 Broker: Barclays Capital Rating: Overweight Old Target: GBX 4300.00 New Target: GBX 4300.00 Maintain
13/06/2017 Broker: Macquarie Research Rating: Outperform Old Target: GBX 4100.00 New Target: GBX 4100.00 Maintain
08/06/2017 Broker: Jefferies Rating: Buy Old Target: GBX 3800.00 New Target: GBX 3700.00 Maintain
26/05/2017 Broker: Liberum Capital Rating: Sell Maintain
22/05/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 4150.00 New Target: GBX 4150.00 Maintain
15/05/2017 Broker: Jefferies Rating: Buy Old Target: GBX 3800.00 New Target: GBX 3800.00 Maintain
12/05/2017 Broker: Macquarie Research Rating: Outperform New Target: GBX 4100.00 Maintain
10/05/2017 Broker: Liberum Capital Rating: Sell Old Target: GBX 2400.00 New Target: GBX 2400.00 Maintain

About 1.54 million shares traded. Rio Tinto plc (LON:RIO) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Rio Tinto plc is a mining and metals company. The company has market cap of 57.96 billion GBP. The Company’s business is finding, mining and processing mineral resources. It has a 15.48 P/E ratio. The Company’s divisions include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations.

More notable recent Rio Tinto plc (LON:RIO) news were published by: Seekingalpha.com which released: “2 Reasons Why Rio Tinto Can Increase Dividends” on May 28, 2017, also Seekingalpha.com with their article: “Rio Tinto, China Minmetals move toward exploration collaboration” published on June 06, 2017, Seekingalpha.com published: “Rio Tinto – Valuable Mining Company” on June 06, 2017. More interesting news about Rio Tinto plc (LON:RIO) were released by: Marketwatch.com and their article: “Glencore bids for Rio Tinto Australian coal mines” published on June 10, 2017 as well as Thestreet.com‘s news article titled: “Rio Tinto Leads Miners Higher On Debt Buyback” with publication date: May 22, 2017.

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