How Many Rio Tinto plc (ADR) (NYSE:RIO)’s Analysts Are Bullish?

June 19, 2017 - By Nellie Frank

 How Many Rio Tinto plc (ADR) (NYSE:RIO)'s Analysts Are Bullish?

Rio Tinto plc (ADR) (NYSE:RIO) Ratings Coverage

Among 19 analysts covering Rio Tinto (NYSE:RIO), 12 have Buy rating, 3 Sell and 4 Hold. Therefore 63% are positive. Rio Tinto had 33 analyst reports since August 5, 2015 according to SRatingsIntel. Liberum Capital downgraded the shares of RIO in report on Thursday, October 29 to “Sell” rating. The stock has “Hold” rating by Jefferies on Tuesday, August 23. Morgan Stanley upgraded Rio Tinto plc (ADR) (NYSE:RIO) rating on Tuesday, June 28. Morgan Stanley has “Overweight” rating and $55 target. On Thursday, September 8 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The rating was initiated by RBC Capital Markets with “Underperform” on Tuesday, February 9. The rating was upgraded by Citigroup to “Buy” on Thursday, April 20. The stock of Rio Tinto plc (ADR) (NYSE:RIO) earned “Underperform” rating by CLSA on Thursday, April 14. The firm has “Buy” rating given on Thursday, November 10 by HSBC. The stock has “Market Perform” rating by Cowen & Co on Wednesday, January 27. The stock of Rio Tinto plc (ADR) (NYSE:RIO) earned “Sector Perform” rating by IBC on Thursday, September 29. Below is a list of Rio Tinto plc (ADR) (NYSE:RIO) latest ratings and price target changes.

21/04/2017 Broker: BNP Paribas Old Rating: Neutral New Rating: Outperform Upgrade
20/04/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
07/04/2017 Broker: CLSA Old Rating: Outperform New Rating: Buy Upgrade

About 63,072 shares traded. Rio Tinto plc (ADR) (NYSE:RIO) has risen 43.73% since June 19, 2016 and is uptrending. It has outperformed by 27.03% the S&P500.

Rio Tinto plc is a mining and metals company. The company has market cap of $73.29 billion. The Company’s business is finding, mining and processing mineral resources. It has a 15.51 P/E ratio. The Company’s divisions include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations.

More important recent Rio Tinto plc (ADR) (NYSE:RIO) news were published by: Marketwatch.com which released: “Rio Tinto, Savannah make deal to start JV now” on October 11, 2016, also Marketwatch.com published article titled: “Rio Tinto under investigation by SEC over Mozambique impairment”, Livetradingnews.com published: “Rio Tinto plc (ADR) (NYSE:RIO) Heffx Trading Outlook” on February 08, 2017. More interesting news about Rio Tinto plc (ADR) (NYSE:RIO) was released by: Benzinga.com and their article: “Rio Tinto Upgraded To Neutral By Goldman Sachs” with publication date: June 27, 2016.

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