Recent Investment Analysts’ Ratings Updates for Rio Tinto (RIO)

A number of firms have modified their ratings and price targets on shares of Rio Tinto (LON: RIO) recently:

  • 2/8/2018 – Rio Tinto was given a new GBX 4,000 ($55.26) price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 2/8/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 4,600 ($63.55) price target on the stock.
  • 2/8/2018 – Rio Tinto had its price target lowered by analysts at HSBC Holdings plc from GBX 4,300 ($59.41) to GBX 4,100 ($56.65). They now have a “hold” rating on the stock.
  • 2/7/2018 – Rio Tinto was given a new GBX 4,200 ($58.03) price target on by analysts at Royal Bank of Canada. They now have a “neutral” rating on the stock.
  • 2/7/2018 – Rio Tinto had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 2,750 ($37.99) price target on the stock.
  • 2/5/2018 – Rio Tinto was given a new GBX 3,300 ($45.59) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 2/5/2018 – Rio Tinto was given a new GBX 4,200 ($58.03) price target on by analysts at JPMorgan Chase & Co.. They now have a “neutral” rating on the stock.
  • 2/2/2018 – Rio Tinto had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a GBX 4,700 ($64.94) price target on the stock.
  • 1/30/2018 – Rio Tinto had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a GBX 4,300 ($59.41) price target on the stock.
  • 1/29/2018 – Rio Tinto was given a new GBX 4,000 ($55.26) price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 1/29/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 4,600 ($63.55) price target on the stock.
  • 1/24/2018 – Rio Tinto was given a new GBX 4,900 ($67.70) price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 1/17/2018 – Rio Tinto was given a new GBX 4,000 ($55.26) price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 1/17/2018 – Rio Tinto had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 3,850 ($53.19) price target on the stock.
  • 1/17/2018 – Rio Tinto was given a new GBX 4,200 ($58.03) price target on by analysts at S&P Global. They now have a “neutral” rating on the stock.
  • 1/16/2018 – Rio Tinto had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a GBX 4,300 ($59.41) price target on the stock.
  • 1/16/2018 – Rio Tinto was given a new GBX 3,300 ($45.59) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 1/15/2018 – Rio Tinto had its price target raised by analysts at Deutsche Bank AG from GBX 4,500 ($62.17) to GBX 4,600 ($63.55). They now have a “buy” rating on the stock.
  • 1/11/2018 – Rio Tinto was given a new GBX 4,100 ($56.65) price target on by analysts at Morgan Stanley. They now have a “neutral” rating on the stock.
  • 1/11/2018 – Rio Tinto had its price target raised by analysts at JPMorgan Chase & Co. from GBX 3,750 ($51.81) to GBX 3,850 ($53.19). They now have a “neutral” rating on the stock.
  • 1/11/2018 – Rio Tinto was given a new GBX 4,200 ($58.03) price target on by analysts at Royal Bank of Canada. They now have a “neutral” rating on the stock.
  • 1/10/2018 – Rio Tinto was given a new GBX 4,000 ($55.26) price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 1/10/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at Citigroup Inc.
  • 1/8/2018 – Rio Tinto had its price target raised by analysts at Barclays PLC from GBX 4,300 ($59.41) to GBX 4,500 ($62.17). They now have an “overweight” rating on the stock.
  • 12/18/2017 – Rio Tinto had its “buy” rating reaffirmed by analysts at Jefferies Group LLC.

Rio Tinto plc (LON:RIO) traded up GBX 59.50 ($0.82) on Tuesday, hitting GBX 3,955 ($54.64). 3,550,230 shares of the company were exchanged, compared to its average volume of 3,870,000. Rio Tinto plc has a 1-year low of GBX 2,882.50 ($39.82) and a 1-year high of GBX 4,226.56 ($58.39). The company has a market cap of $71,370.00 and a PE ratio of 1,123.58.

The company also recently disclosed a dividend, which will be paid on Thursday, April 12th. Investors of record on Thursday, March 1st will be given a GBX 129.43 ($1.79) dividend. The ex-dividend date is Thursday, March 1st. This represents a dividend yield of 3.42%. This is a boost from Rio Tinto’s previous dividend of $83.13.

In other news, insider Christopher Lynch bought 26,066 shares of the stock in a transaction on Friday, December 1st. The stock was purchased at an average price of GBX 3,490 ($48.22) per share, for a total transaction of £909,703.40 ($1,256,843.60).

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.

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