Media stories about Rio Tinto PLC (NYSE:RIO) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rio Tinto PLC earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news coverage about the mining company an impact score of 46.3419162750171 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

Rio Tinto PLC (NYSE RIO) traded up 0.72% on Friday, reaching $44.64. 1,906,551 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $45.16 and its 200 day moving average price is $42.11. Rio Tinto PLC has a 12 month low of $29.62 and a 12 month high of $48.03. The company has a market cap of $80.04 billion, a PE ratio of 13.01 and a beta of 0.98.

The firm also recently announced a None dividend, which will be paid on Thursday, September 21st. Shareholders of record on Friday, August 11th will be given a $1.10 dividend. The ex-dividend date of this dividend is Wednesday, August 9th.

A number of brokerages have recently issued reports on RIO. Jefferies Group LLC set a $52.00 price target on shares of Rio Tinto PLC and gave the stock a “buy” rating in a research report on Friday. Royal Bank Of Canada downgraded shares of Rio Tinto PLC from a “top pick” rating to an “outperform” rating in a research report on Tuesday. Goldman Sachs Group, Inc. (The) restated a “neutral” rating on shares of Rio Tinto PLC in a research report on Monday, August 14th. Clarkson Capital restated a “buy” rating on shares of Rio Tinto PLC in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of Rio Tinto PLC from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $43.00.

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Rio Tinto PLC Company Profile

Rio Tinto plc is a mining and metals company. The Company’s business is finding, mining and processing mineral resources. The Company’s segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade.

Insider Buying and Selling by Quarter for Rio Tinto PLC (NYSE:RIO)

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