Headlines about Rio Tinto PLC (NYSE:RIO) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Rio Tinto PLC earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the mining company an impact score of 43.7844037354279 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s rankings:
- Vacillating Stocks: Anadarko Petroleum Corporation, (NYSE: APC), Rio Tinto plc, (NYSE: RIO), Raytheon Company … – Stocks In The News (press release) (tradingnewsnow.com)
- Rio Tinto’s M&A Madness (finance.yahoo.com)
- What Should We Expect From Rio Tinto plc’s (LSE:RIO) Earnings In The Year Ahead? (finance.yahoo.com)
- RIO TINTO SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100000 … – Markets Insider (markets.businessinsider.com)
- Metrics for Quant Score Drive Ranking of Rio Tinto (RIO) to Buy – Investorplace.com (investorplace.com)
A number of research analysts have weighed in on the company. Societe Generale upgraded Rio Tinto PLC from a “hold” rating to a “buy” rating in a report on Wednesday, November 8th. Cowen and Company set a $47.00 price target on Rio Tinto PLC and gave the stock a “hold” rating in a research note on Monday, October 16th. Citigroup Inc. downgraded Rio Tinto PLC from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 17th. Clarkson Capital downgraded Rio Tinto PLC from a “buy” rating to a “neutral” rating in a research note on Monday, October 16th. Finally, ValuEngine downgraded Rio Tinto PLC from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $50.07.
Shares of Rio Tinto PLC (RIO) traded down $0.04 during mid-day trading on Monday, reaching $47.59. The company’s stock had a trading volume of 1,933,000 shares, compared to its average volume of 3,317,361. Rio Tinto PLC has a 1-year low of $36.25 and a 1-year high of $50.77. The company has a quick ratio of 1.34, a current ratio of 1.71 and a debt-to-equity ratio of 0.31.
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Rio Tinto PLC Company Profile
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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