Rio Tinto (LON:RIO) Receives Buy Rating from Jefferies Group
13 January, 2018, 16:27 | Author: Darnell Taylor
One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The institutional investor held 93,879 shares of the aerospace company at the end of 2017Q3, valued at $23.87M, up from 74,797 at the end of the previous reported quarter. The stock increased 2.12% or $0.9056 during the last trading session, reaching $43.7156. The shares were bought at an average price of GBX 3,490 ($47.33) per share, with a total value of £909,703.40 ($1,233,663.41). The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/01/12/rio-tinto-plc-rio-receives-average-rating-of-buy-from-brokerages.html. It has outperformed by 27.03% the S&P500.
Pacific Heights Asset Management Llc decreased Rio Tinto Plc (RIO) stake by 25% reported in 2017Q3 SEC filing. Jennison Associates LLC now owns 2,139,716 shares of the mining company's stock worth $100,973,000 after buying an additional 563,461 shares during the last quarter. Minneapolis Portfolio Management Group Llc who had been investing in Rio Tinto Plc for a number of months, seems to be bullish on the $92.89B market cap company. The stock increased 0.61% or $0.35 during the last trading session, reaching $57.59. About 540,951 shares traded or 9.35% up from the average. It has underperformed by 16.70% 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 66% are positive.
Parametric Portfolio Associates LLC grew its position in Rio Tinto plc (NYSE:RIO) by 10.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. Macquarie restated an outperform rating and issued a GBX 4,500 ($61.03) price objective on shares of Rio Tinto in a research report on Thursday, September 14th. Jefferies maintained Rio Tinto plc (NYSE:RIO) on Tuesday, June 20 with "Buy" rating. The stock has "Sell" rating by Liberum Capital on Thursday, October 29. The stock has "Buy" rating by Jefferies on Thursday, August 31. As per Wednesday, October 26, the company rating was downgraded by Standpoint Research. The firm has "Market Perform" rating given on Tuesday, May 3 by Cowen & Co. Jefferies maintained it with "Buy" rating and GBX 3800 target in Friday, January 6 report. S&P Global set a GBX 3,800 ($51.53) target price on Rio Tinto and gave the stock a neutral rating in a research report on Wednesday, October 18th. On Thursday, October 15 the stock rating was initiated by JP Morgan with "Overweight".
West Ham already looking to cut ties with Chicharito
Chicarito joined the Hammers from Bayer Leverkusen back in the summer and has since gone on to make 20 appearances for the club. BOURNEMOUTH have told West Ham that they must cough up £15million to land Republic of Ireland star Harry Arter.
PNC Financial Services Group Inc. Q4 Earnings Advance 106%
Sander Gerber decreased its stake in Almost Family Inc (AFAM) by 9.09% based on its latest 2017Q3 regulatory filing with the SEC. It increased, as 53 investors sold PFE shares while 700 reduced holdings. 75 funds opened positions while 289 raised stakes.
Neville Rodie & Shaw Inc, which manages about $1.50B and $897.12 million US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 18,464 shares to 257,209 shares, valued at $39.64 million in 2017Q3, according to the filing. The stock presently has an average rating of "Buy" and an average price target of $51.59. The firm has "Buy" rating given on Tuesday, January 19 by Canaccord Genuity. The brokerage now has an "outperform" rating on the stock. Mizuho upgraded it to "Buy" rating and $176.0 target in Monday, August 29 report.
Investors sentiment decreased to 0.77 in Q3 2017. Its up 0.26, from 1.28 in 2017Q2. Jennison Associates LLC boosted its stake in Rio Tinto by 35.7% in the 3rd quarter. Deutsche National Bank Ag invested 0.01% of its portfolio in Sensata Technologies Holding N.V. (NYSE:ST). Citigroup accumulated 36,478 shares or 0% of the stock. First In owns 400 shares or 0.03% of their U.S. portfolio. Ancora Advsrs Limited Liability Co owns 10,818 shares or 0.03% of their United States portfolio. Bokf Na holds 9,874 shares. Essex Investment Llc has 0.13% invested in Sensata Technologies Holding N.V. (NYSE:ST). Moreover, First Republic Invest Mgmt has 0.03% invested in DFS Furniture plc (LON:DFS). Martin Mgmt Ltd Com accumulated 11,844 shares or 0.16% of the stock. It also increased its holding in Agnc Investment Corp. The company was downgraded on Monday, October 23 by RBC Capital Markets.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.
Vladimer was referring to Cuomo's promise to address sexual harassment in the upcoming legislative session. After briefly looking over her shoulder, Vladimer said Klein grabbed her head as she turned back around.
Travers said his company hopes to ship the AR glasses sometime during the second quarter of 2018 for around $1,000. Voice assistants and augmented-reality products will be highlighted at next week's CES consumer electronics show.
Torray Limited Co has 135,142 shares for 2.28% of their portfolio. (NASDAQ:FB). 2,905 were reported by Wills Fin Grp Incorporated. Credit Suisse Group restated a "buy" rating on shares of Facebook in a research report on Wednesday, October 11th.
He then zipped an entry feed to a cutting Porzingis for a one-handed stuff for a 112-112 tie to force a second overtime. The Finnisher closed out the game with a pair of crucial free-throws and proved he has ice in his veins.
The "If You Had My Love" performer is the latest in the huge names to make a comeback in the hit "Will & Grace" revival. The Will & Grace team recently confirmed the development and shared a picture of the crew with Jennifer welcoming her.
The idea that media mogul Winfrey could run for the White House was sparked following her speech at the Golden Globe Awards in LA. I'm not trying to be cute here or be mysterious but I do think it's a very intriguing thing that she had never considered.
In an extraordinary attack, McCullum labelled Smith "immature" and said he would "live to regret" the appeal. Ross was run out for 27 off 19 balls continuing an outstanding season for Brisbane with the bat.
The consensus recommendation is the average rating on a stock by the analyst community. (NASDAQ:KMPH) rating on Friday, August 14. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has "Buy" rating given on Friday, October 9 by Topeka Capital Markets.
The move came after the Madras High Court appointed an arbitrator to settle the workers' wage dispute with the government. The unions had called for a 2.57 percent hike, to which the government offered only 2.44 percent, leading to a stalemate.
The total amount of shares outstanding is 252.71 million, giving the company a market capitalization of about 8.05 billion. Cornerstone Capital Management Holdings LLC.'s holdings in Xerox were worth $3,301,000 as of its most recent SEC filing.
Given the volatile and menacing scenario it is unlikely that that the film will actually release on January 25. Four other states - Madhya Pradesh, Rajasthan, Gujarat and Uttar Pradesh - had also banned its release then.
North East MPs promoted to Labour's front bench
It comes weeks after Mr Lewis was cleared of groping allegations at an event in Brighton last September. Labour MP Clive Lewis has been reappointed to the party's front bench as a shadow Treasury minister.
Brian Bowen enrolls at SC , hopes for NCAA reinstatement
After an appearance on CBSSports.com, Martin met the local media where he talked at length about Bowen's arrival at USC. SC also was among the schools that had an assistant coach charged as part of the Federal Bureau of Investigation probe.
Panik to Arizona, Duclair to Blackhawks
Over his four-year National Hockey League career, Duclair has played for the Coyotes and the New York Rangers . His goal Tuesday night in an 8-2 victory at Ottawa was his first since October 21, ending a 27-game drought.
Canada launches WTO trade complaint against US
It has already lost a string of WTO disputes after its calculation methodology was ruled to be out of line with the WTO rulebook. Canada's claims threaten the ability of all countries to defend their workers against unfair trade.
Women fume as John Humphrys jokes about BBC pay
Humphrys said: "And I could save you the trouble as I could volunteer that I've handed over already more than you f***ing earn". Gracie added that she had been offered a £45,000 pay rise, to £180,000, but that it was still less than men in the same role.