Rio Tinto (RIO) Receives Buy Rating from Jefferies Group
RIO has been the topic of several other research reports. Deutsche Bank upped their price target on shares of Rio Tinto from GBX 4,200 ($56.53) to GBX 4,300 ($57.87) and gave the stock a buy rating in a research report on Tuesday, September 12th. UBS set a GBX 3,750 ($50.47) price objective on Rio Tinto and gave the stock a buy rating in a report on Wednesday, August 30th. reissued a buy rating and set a GBX 3,800 ($51.14) price objective on shares of Rio Tinto in a report on Wednesday, August 30th. Credit Suisse Group reissued an outperform rating and set a GBX 4,300 ($57.87) price objective on shares of Rio Tinto in a report on Wednesday, November 15th. Finally, Liberum Capital boosted their price objective on Rio Tinto from GBX 2,450 ($32.97) to GBX 2,750 ($37.01) and gave the stock a sell rating in a report on Monday, November 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 3,987.25 ($53.66).
Rio Tinto (LON RIO) opened at GBX 3,467.50 ($46.67) on Tuesday. Rio Tinto has a 52-week low of GBX 2,882.50 ($38.80) and a 52-week high of GBX 4,226.56 ($56.89).
Rio Tinto 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.
Receive News & Stock Ratings for Rio Tinto plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto plc and related stocks with our FREE daily email newsletter.