Rio Tinto Given “Buy” Rating at Deutsche Bank (RIO)
Rio Tinto (NYSE:RIO)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Monday, Analyst Ratings Net reports.
RIO has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of Rio Tinto in a research note to investors on Friday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rio Tinto in a research note to investors on Friday. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rio Tinto in a research note to investors on Thursday. One research analyst has rated the stock with a sell rating, one has given a hold rating and twenty-one have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $64.09.
Rio Tinto Plc (NYSE:RIO) is an international business involved in each stage of metal and mineral production.
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