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

Rio Tinto (LON: RIO) has recently received a number of price target changes and ratings updates:

  • 10/31/2018 – Rio Tinto had its price target raised by analysts at HSBC Holdings plc from GBX 4,790 ($62.59) to GBX 4,860 ($63.50). They now have a “buy” rating on the stock.
  • 10/25/2018 – Rio Tinto was downgraded by analysts at Societe Generale from a “buy” rating to a “hold” rating. They now have a GBX 3,830 ($50.05) price target on the stock, down previously from GBX 4,050 ($52.92).
  • 10/23/2018 – Rio Tinto had its “underperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 3,200 ($41.81) price target on the stock.
  • 10/23/2018 – Rio Tinto was given a new GBX 5,000 ($65.33) price target on by analysts at JPMorgan Chase & Co.. They now have a “buy” rating on the stock.
  • 10/18/2018 – Rio Tinto was given a new GBX 4,300 ($56.19) price target on by analysts at Deutsche Bank AG. They now have a “neutral” rating on the stock.
  • 10/18/2018 – Rio Tinto was given a new GBX 4,600 ($60.11) price target on by analysts at UBS Group AG. They now have a “buy” rating on the stock.
  • 10/17/2018 – Rio Tinto had its price target raised by analysts at JPMorgan Chase & Co. from GBX 4,850 ($63.37) to GBX 4,900 ($64.03). They now have an “overweight” rating on the stock.
  • 10/17/2018 – Rio Tinto was given a new GBX 4,000 ($52.27) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 10/17/2018 – Rio Tinto had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 10/17/2018 – Rio Tinto had its price target lowered by analysts at HSBC Holdings plc from GBX 4,880 ($63.77) to GBX 4,790 ($62.59). They now have a “buy” rating on the stock.
  • 10/16/2018 – Rio Tinto was given a new GBX 3,900 ($50.96) price target on by analysts at Morgan Stanley. They now have a “neutral” rating on the stock.
  • 10/16/2018 – Rio Tinto was given a new GBX 4,000 ($52.27) price target on by analysts at Cfra. They now have a “neutral” rating on the stock.
  • 10/12/2018 – Rio Tinto had its “underperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 3,200 ($41.81) price target on the stock.
  • 10/12/2018 – Rio Tinto had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 4,300 ($56.19) price target on the stock.
  • 10/12/2018 – Rio Tinto had its “equal weight” rating reaffirmed by analysts at Barclays PLC.
  • 10/12/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 4,600 ($60.11) price target on the stock.
  • 10/5/2018 – Rio Tinto was given a new GBX 4,000 ($52.27) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 10/3/2018 – Rio Tinto was given a new GBX 3,200 ($41.81) price target on by analysts at Royal Bank of Canada. They now have a “sell” rating on the stock.
  • 10/2/2018 – Rio Tinto had its price target lowered by analysts at Deutsche Bank AG from GBX 4,600 ($60.11) to GBX 4,300 ($56.19). They now have a “hold” rating on the stock.
  • 9/27/2018 – Rio Tinto had its price target lowered by analysts at UBS Group AG from GBX 4,700 ($61.41) to GBX 4,600 ($60.11). They now have a “buy” rating on the stock.
  • 9/21/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at Citigroup Inc.
  • 9/20/2018 – Rio Tinto was given a new GBX 3,750 ($49.00) price target on by analysts at Barclays PLC. They now have a “neutral” rating on the stock.
  • 9/20/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 4,700 ($61.41) price target on the stock.
  • 9/20/2018 – Rio Tinto was given a new GBX 4,850 ($63.37) price target on by analysts at JPMorgan Chase & Co.. They now have a “buy” rating on the stock.
  • 9/19/2018 – Rio Tinto was given a new GBX 5,000 ($65.33) price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 9/18/2018 – Rio Tinto was upgraded by analysts at Liberum Capital to a “hold” rating.
  • 9/13/2018 – Rio Tinto was given a new GBX 4,000 ($52.27) price target on by analysts at Goldman Sachs Group Inc. They now have a “neutral” rating on the stock.
  • 9/11/2018 – Rio Tinto had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 9/10/2018 – Rio Tinto was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a GBX 4,850 ($63.37) price target on the stock, down previously from GBX 4,950 ($64.68).
  • 9/7/2018 – Rio Tinto was given a new GBX 5,000 ($65.33) price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 9/6/2018 – Rio Tinto had its “buy” rating reaffirmed by analysts at UBS Group AG.

RIO traded up GBX 96 ($1.25) on Wednesday, reaching GBX 3,803.50 ($49.70). The company had a trading volume of 3,699,751 shares, compared to its average volume of 4,860,000. Rio Tinto plc has a 1 year low of GBX 2,882.50 ($37.66) and a 1 year high of GBX 4,226.56 ($55.23).

In related news, insider Jean-Sébastien Jacques sold 7 shares of the business’s stock in a transaction on Tuesday, October 23rd. The shares were sold at an average price of GBX 3,632 ($47.46), for a total value of £254.24 ($332.21).

Rio Tinto plc, a mining and metals company, explores for, develops, produces, and processes minerals and metals worldwide. It finds, mines, and processes mineral resources, including aluminum, copper, diamonds, gold, industrial minerals (borates, titanium dioxide, and salt), iron ore, thermal and metallurgical coal, and uranium, as well as sulphuric acid, rhenium, lead carbonate, and selenium.

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