Rio Tinto (RIO) Receives "Buy" Rating from Deutsche Bank

Rio Tinto (RIO) Receives

About 4.00M shares traded or 17.74% up from the average. Rio Tinto plc (LON:RIO) has 0.00% since December 5, 2016 and is. It has outperformed by 1.77% the S&P500.

Among 29 analysts covering Rio Tinto PLC (LON:RIO), 19 have Buy rating, 2 Sell and 8 Hold. The stock now has a consensus rating of Buy and an average target price of GBX 3,556.81 ($45.69). JP Morgan Cazenove's price target suggests a potential upside of 17.11% from the company's current stock price. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the stock. Therefore 100% are positive. The company presently has an average rating of "Buy" and a consensus price target of GBX 3,954.75 ($53.23). The stock had a trading volume of 3,979,280 shares, compared to its average volume of 3,830,000. Rio Tinto PLC had 514 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Thursday, February 18 by UBS. The firm has "Buy" rating given on Tuesday, August 18 by Deutsche Bank. (NASDAQ:ADES) rating on Wednesday, August 9. Credit Suisse maintained Rio Tinto plc (LON:RIO) rating on Thursday, May 12. Knowledge Leaders Capital LLC now owns 2,393 shares of the mining company's stock worth $101,000 after buying an additional 1,334 shares in the last quarter. The firm has "Buy" rating given on Tuesday, September 20 by Jefferies. Northland Capital maintained Motif Bio plc (LON:MTFB) on Wednesday, December 14 with "Buy" rating.

Rio Tinto on Monday appointed former Anglo American group executive director Simon Thompson to lead the company, replacing their departing chairman who will step down next March. The company's market cap is GBX 55.94 billion. The firm mines and produces aluminum products, including bauxite, alumina, and aluminum; copper, gold, silver, and molybdenum, as well as nickel; diamonds, titanium dioxide feedstocks, borates, and salt, as well as high purity iron, steel billets, metal powders, zircon, and rutile; uranium; iron ore; and thermal coal, and coking or metallurgical coal. It has a 21.34 P/E ratio.

Several other research analysts also recently weighed in on the company.

The stock decreased 7.89% or $2.25 during the last trading session, reaching $26.25. About 1.00 million shares traded.

Rio Tinto has reinforced its focus on delivering superior cash returns for shareholders, as it unveiled in a presentation to investors at a seminar in Sydney, key points to generate approximately $5 billion of additional free cash flow over the next five years. It has underperformed by 16.70% the S&P500. Its up 1.16, from 1.4 in 2017Q1. 31 funds opened positions while 40 raised stakes. Tdam Usa holds 339,762 shares or 1.02% of its portfolio. Principal Gp Incorporated invested in 274,513 shares or 0.01% of the stock. Ontario Teachers Pension Plan Board reported 128,297 shares or 0.09% of all its holdings. Rathbone Brothers Public Limited Co accumulated 0.09% or 34,850 shares. Moreover, Neuberger Berman Group Inc Ltd Liability Corporation has 0.08% invested in Raven Industries, Inc.

Coliseum Capital Management Llc holds 5.21% of its portfolio in Advanced Emissions Solutions, Inc. for 931,808 shares. The firm earned "Sell" rating on Tuesday, April 19 by Citigroup. Therefore 70% are positive.

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. (NASDAQ:RAVN) on Thursday, December 15 with "Neutral" rating.

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