Rio Tinto plc (RIO) Receives Average Rating of "Buy" from Brokerages

How Many Rio Tinto plc (NYSE:RIO)'s Analysts Are Bearish?

JP Morgan Cazenove Keeps Rio Tinto PLC (LON:RIO) As “Neutral”; Has Price Objective Of GBX 3850.00; Federal

On Thursday, November 10 the stock rating was maintained by Cowen & Co with "Market Perform". The firm has "Hold" rating given on Tuesday, October 17 by Citigroup. Rio Tinto plc presently has an average rating of "Buy" and an average price target of GBX 3,309.48 ($41.30). Deutsche Bank restated a "buy" rating and set a GBX 4,300 ($58.31) price target on shares of Rio Tinto in a research report on Thursday, October 5th. The firm has "Buy" rating by RBC Capital Markets given on Thursday, August 31. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, July 25. On Friday, August 5 the stock rating was maintained by Jefferies with "Buy". The stock now has an average rating of Buy and an average price target of GBX 4,029.75 ($54.65). Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since January 12, 2017 and is downtrending. The institutional investor owned 954,715 shares of the mining company's stock after buying an additional 90,656 shares during the quarter.

ILLEGAL ACTIVITY WARNING: "Parametric Portfolio Associates LLC Has $45.05 Million Holdings in Rio Tinto plc (RIO)" was first published by The Lincolnian Online and is the property of of The Lincolnian Online. The stock increased 0.36% or $0.199 during the last trading session, reaching $55.939. The stock was purchased at an average price of GBX 3,490 ($47.33) per share, for a total transaction of £909,703.40 ($1,233,663.41). The legal version of this piece can be accessed at https://stocknewstimes.com/2018/01/12/jefferies-group-reaffirms-buy-rating-for-rio-tinto-rio.html. It has outperformed by 27.03% the S&P500. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 4,100 ($55.60) target price on shares of Rio Tinto in a research note on Tuesday, December 5th. reissued a buy rating and set a GBX 3,800 ($51.53) target price on shares of Rio Tinto in a research note on Wednesday, August 30th. Therefore 52% are positive.

Rio Tinto plc (LON:RIO) has received a consensus recommendation of "Buy" from the twenty research firms that are now covering the company, MarketBeat.com reports. Brookfield Asset Management Inc sold 47,650 shares as the company's stock declined 9.05% while stock markets rallied. On Monday, November 13 the stock rating was downgraded by JP Morgan to "Neutral". As per Tuesday, October 17, the company rating was downgraded by Citigroup. They now have a "sell" rating on the stock. The stock of Rio Tinto plc (NYSE:RIO) earned "Overweight" rating by Morgan Stanley on Wednesday, October 7.

The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. The rating was upgraded by RBC Capital Markets to "Outperform" on Monday, January 18. Liberum Capital upgraded the shares of RIO in report on Wednesday, August 5 to "Hold" rating.

Brookfield Asset Management Inc, which manages about $13.20 billion and $21.37 billion US Long portfolio, upped its stake in Williams Cos Inc Del (NYSE:WMB) by 523,900 shares to 5.72M shares, valued at $171.51 million in 2017Q3, according to the filing. Van ECK Associates Corp now owns 1,280,538 shares of the mining company's stock worth $60,429,000 after purchasing an additional 900,859 shares in the last quarter.

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails a range of sofas, other upholstered, and general furniture products. The stock has a market cap of $74,830.00 and a PE ratio of 1,639.96. The firm also sells its products online.

Investors sentiment increased to 1.54 in Q3 2017. Its up 1.03, from 1.03 in 2017Q2. It increased, as 24 investors sold ST shares while 63 reduced holdings. 95 funds opened positions while 241 raised stakes. 301.28 million shares or 2.91% less from 310.30 million shares in 2017Q2 were reported. Caprock Group holds 0.06% of its portfolio in Sensata Technologies Holding N.V. (NYSE:ST) for 6,250 shares. Raymond James Associates holds 0.03% of its portfolio in Digital Realty Trust, Inc. Glob X Llc reported 0.69% stake. Royal Commercial Bank Of Canada reported 0% in Spectra Energy Partners, LP (NYSE:SEP). Moreover, Resolution Capital Ltd has 3.12% invested in the company for 546,450 shares. Bokf Na holds 9,874 shares. Catalyst Advisors Ltd Liability Co owns 1,417 shares or 0.01% of their United States portfolio. Public Sector Pension Invest Board has 0.02% invested in DFS Furniture plc (LON:DFS) for 82,928 shares. Its down 61.11% from 1,800 shares previously. The stock increased 0.61% or $0.35 during the last trading session, reaching $57.59.

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