Rio Tinto Limited’s “Outperform” Rating Reaffirmed at Credit Suisse (RIO)
Rio Tinto Limited (ASX:RIO)‘s stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Monday, ARN reports.
Shares of Rio Tinto Limited (ASX:RIO) traded down 0.91% during mid-day trading on Monday, hitting A$62.000. The stock had a trading volume of 326,549 shares. Rio Tinto Limited has a 52-week low of A$0.000 and a 52-week high of A$0.000. The stock has a 50-day moving average of A$59.93 and a 200-day moving average of A$57.17. The company’s market cap is A$114.6 billion.
RIO has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rio Tinto Limited (ASX:RIO) in a research note to investors on Thursday.
Rio Tinto Limited (ASX:RIO) is engaged in finding, mining and processing mineral resources.
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