Rio Tinto PLC (RIO) PT Set at $55.00 by Jefferies Group LLC


Rio Tinto PLC (RIO) PT Set at $55.00 by Jefferies Group LLC
  1. Rio Tinto PLC (RIO) PT Set at $55.00 by Jefferies Group LLC
    americanbankingnews.com
    Rio Tinto PLC (NYSE:RIO) has been given a $55.00 price objective by analysts at Jefferies Group LLC in a report issued on Thursday. The firm presently has a “buy” rating on the mining company’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 12.06% from the company’s current price. RIO has been the…
    Finance

Rio Tinto PLC (NYSE:RIO) has been given a $55.00 price objective by analysts at Jefferies Group LLC in a report issued on Thursday. The firm presently has a “buy” rating on the mining company’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 12.06% from the company’s current price.

RIO has been the subject of a number of other reports. Zacks Investment Research raised shares of Rio Tinto PLC from a “strong sell” rating to a “hold” rating in a report on Saturday, August 5th. ValuEngine downgraded shares of Rio Tinto PLC from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Bank of America Corporation raised shares of Rio Tinto PLC from an “underperform” rating to a “buy” rating in a report on Friday, June 30th. Royal Bank Of Canada downgraded shares of Rio Tinto PLC from a “top pick” rating to an “outperform” rating in a report on Tuesday, August 15th. Finally, Cowen and Company reaffirmed a “market perform” rating and set a $45.00 price objective (down from $47.00) on shares of Rio Tinto PLC in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $50.50.

Get Rio Tinto PLC alerts:

Shares of Rio Tinto PLC (NYSE:RIO) traded up 0.72% during midday trading on Thursday, hitting $49.08. 2,709,245 shares of the company were exchanged. Rio Tinto PLC has a one year low of $31.24 and a one year high of $49.89. The stock’s 50-day moving average is $47.94 and its 200-day moving average is $43.33. The stock has a market cap of $88.00 billion, a PE ratio of 14.31 and a beta of 0.95.

ILLEGAL ACTIVITY NOTICE: This report was published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/10/07/rio-tinto-plc-rio-pt-set-at-55-00-by-jefferies-group-llc.html.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. HPM Partners LLC increased its position in Rio Tinto PLC by 1.3% in the 2nd quarter. HPM Partners LLC now owns 10,211 shares of the mining company’s stock valued at $432,000 after acquiring an additional 132 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its position in Rio Tinto PLC by 0.5% in the 2nd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 30,150 shares of the mining company’s stock valued at $1,276,000 after acquiring an additional 150 shares in the last quarter. Bollard Group LLC increased its position in Rio Tinto PLC by 3.0% in the 2nd quarter. Bollard Group LLC now owns 7,196 shares of the mining company’s stock valued at $304,000 after acquiring an additional 210 shares in the last quarter. Moors & Cabot Inc.…

Rio Tinto PLC logo
  1. Rio Tinto PLC (RIO) PT Set at $55.00 by Jefferies Group LLC

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Rio Tinto PLC (NYSE:RIO) has been given a $55.00 price objective by analysts at Jefferies Group LLC in a report issued on Thursday. The firm presently has a “buy” rating on the mining company’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 12.06% from the company’s current price. RIO has been the…
  2. J P Morgan Chase & Co Analysts Give ACADIA Pharmaceuticals Inc. (ACAD) a $50.00 Price Target

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) has been assigned a $50.00 price target by equities research analysts at J P Morgan Chase & Co in a report released on Thursday. The brokerage presently has a “buy” rating on the biopharmaceutical company’s stock. J P Morgan Chase & Co’s price target suggests a potential upside of 29.74% from…
  3. Hi-Crush Partners LP (HCLP) Given a $15.00 Price Target by Jefferies Group LLC Analysts

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Hi-Crush Partners LP (NYSE:HCLP) has been assigned a $15.00 price objective by analysts at Jefferies Group LLC in a research note issued on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock. Jefferies Group LLC’s target price points to a potential upside of 63.04% from the stock’s previous close. A…
  4. Smart Sand Inc (SND) PT Set at $7.00 by Jefferies Group LLC

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Smart Sand Inc (NYSE:SND) received a $7.00 price objective from research analysts at Jefferies Group LLC in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Jefferies Group LLC’s target price suggests a potential upside of 3.86% from the stock’s current price. Other research analysts have…
  5. Weatherford International PLC (WFT) Given a $5.00 Price Target at Jefferies Group LLC

    Americanbankingnews.com - Finance
    10.07 / 21:03 americanbankingnews.com
    Weatherford International PLC (NYSE:WFT) has been given a $5.00 price objective by equities research analysts at Jefferies Group LLC in a research note issued on Thursday. The firm presently has a “hold” rating on the oil and gas company’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 17.92% from the company’s…
  6. Market Extra: Is this the melt-up in the stock market that comes before Wall Street’s meltdown?

    Vse.marketwatch.com - Finance
    10.07 / 20:19 vse.marketwatch.com
    If stock markets die in euphoria, as Sir John Templeton once famously said, then what transpired on CNBC’s Halftime Report on Friday may be the closest to the sort of exuberance that might make the British investor and fund manager’s ears prick up…
  7. Market Extra: Puerto Rico has more than $70 billion in debt because of this

    Vse.marketwatch.com - Finance
    10.07 / 20:19 vse.marketwatch.com
    Puerto Rico and domestic entities linked to the U.S. territory owe creditors more than $70 billion. A double-whammy of devastating hurricanes in recent months, Maria and Irma, only exacerbated the plight of the Caribbean…
  8. Market Extra: ‘Fraud.’ ‘More than a fad.’ The words Wall Street CEOs are using to describe bitcoin

    Vse.marketwatch.com - Finance
    10.07 / 20:19 vse.marketwatch.com
    Seems not a day goes by without some Wall Street VIP or financial luminary deciding it’s time for them to weigh in on bitcoin and cryptocurrencies. Here’s a roundup of the latest high-profile sta…
  9. Morgan Stanley Analysts Give MGM Resorts International (MGM) a $35.00 Price Target

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    MGM Resorts International (NYSE:MGM) has been assigned a $35.00 price objective by equities researchers at Morgan Stanley in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the stock. Morgan Stanley’s price objective would suggest a potential upside of 13.60% from the stock’s current price. Other…
  10. Wolfe Research Downgrades Saia, Inc. (SAIA) to Market Perform

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Saia, Inc. (NASDAQ:SAIA) was downgraded by equities research analysts at Wolfe Research from an “outperform” rating to a “market perform” rating in a research report issued on Friday, The Fly reports. A number of other analysts also recently issued reports on SAIA. ValuEngine downgraded Saia from a “buy” rating to a “hold” rating in a…
  11. Zacks: Brokerages Expect Bankrate, Inc. (RATE) Will Announce Quarterly Sales of $138.39 Million

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Equities research analysts expect that Bankrate, Inc. (NYSE:RATE) will report sales of $138.39 million for the current quarter, Zacks reports. Three analysts have made estimates for Bankrate’s earnings. The highest sales estimate is $141.13 million and the lowest is $136.04 million. Bankrate posted sales of $128.80 million in the same quarter last year, which suggests…
  12. Analysts Anticipate Mitek Systems, Inc. (MITK) Will Announce Quarterly Sales of $12.21 Million

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Wall Street analysts expect Mitek Systems, Inc. (NASDAQ:MITK) to post sales of $12.21 million for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Mitek Systems’ earnings, with the lowest sales estimate coming in at $12.10 million and the highest estimate coming in at $12.39 million. Mitek Systems reported sales of $9.67…
  13. $236.10 Million in Sales Expected for Akorn, Inc. (AKRX) This Quarter

    Americanbankingnews.com - Finance
    10.07 / 18:19 americanbankingnews.com
    Wall Street brokerages forecast that Akorn, Inc. (NASDAQ:AKRX) will announce $236.10 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Akorn’s earnings, with the lowest sales estimate coming in at $218.30 million and the highest estimate coming in at $253.90 million. Akorn posted sales of $284.10…
  14. Bank of Marin Bancorp (BMRC) Expected to Announce Quarterly Sales of $20.71 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Brokerages predict that Bank of Marin Bancorp (NASDAQ:BMRC) will post $20.71 million in sales for the current quarter, Zacks reports. Three analysts have issued estimates for Bank of Marin Bancorp’s earnings. The lowest sales estimate is $20.34 million and the highest is $21.00 million. Bank of Marin Bancorp reported sales of $21.50 million in the…
  15. WisdomTree Investments, Inc. (WETF) Expected to Announce Quarterly Sales of $58.19 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Equities research analysts expect WisdomTree Investments, Inc. (NASDAQ:WETF) to post sales of $58.19 million for the current quarter, Zacks reports. Four analysts have made estimates for WisdomTree Investments’ earnings, with the highest sales estimate coming in at $58.80 million and the lowest estimate coming in at $57.75 million. WisdomTree Investments posted sales of $51.79 million…
  16. Verizon Communications Inc. (VZ) Expected to Announce Quarterly Sales of $31.08 Billion

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Brokerages expect Verizon Communications Inc. (NYSE:VZ) to announce $31.08 billion in sales for the current quarter, according to Zacks Investment Research. Eighteen analysts have provided estimates for Verizon Communications’ earnings. The lowest sales estimate is $29.94 billion and the highest is $32.32 billion. Verizon Communications posted sales of $30.94 billion in the same quarter last…
  17. Eagle Bancorp, Inc. (EGBN) Expected to Announce Quarterly Sales of $80.18 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Equities analysts expect Eagle Bancorp, Inc. (NASDAQ:EGBN) to announce sales of $80.18 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Eagle Bancorp’s earnings. The highest sales estimate is $80.85 million and the lowest is $79.50 million. Eagle Bancorp posted sales of $71.13 million during the same quarter last…
  18. Zacks: Brokerages Anticipate Top Image Systems, Ltd. (TISA) Will Announce Quarterly Sales of $7.90 Million

    Americanbankingnews.com - Finance
    10.07 / 17:36 americanbankingnews.com
    Equities analysts predict that Top Image Systems, Ltd. (NASDAQ:TISA) will announce sales of $7.90 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Top Image Systems’ earnings, with estimates ranging from $7.49 million to $8.30 million. Top Image Systems posted sales of $7.68 million in the same quarter last…
  19. 1982’s ‘Blade Runner’ inspired a generation of filmmakers

    Vse.marketwatch.com - Finance
    10.07 / 17:26 vse.marketwatch.com
    ”Blade Runner,” directed by Ridley Scott and released by Time Warner Inc.’s Warner Bros. studio, was anything but a commercial success. But for future fans of the film and aspiring filmmakers, the film had a significant impac…
  20. City Office REIT, Inc. (CIO) Given Consensus Recommendation of “Hold” by Analysts

    Americanbankingnews.com - Finance
    10.07 / 17:02 americanbankingnews.com
    City Office REIT, Inc. (NYSE:CIO) has received a consensus rating of “Hold” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12-month…