Rio Tinto, Up 20 Percent Over Last 6 Months, Upgraded By Vetr

Rio Tinto Plc RIO shares are trading up just over 20 percent over the past six months entering Friday’s open, and the Vetr community has upgraded the company from 3 to 3.5 stars.

In early March RBC Capital gave Rio Tinto a modest increase in valuation after cutting its dividend. 

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Vetr members have given Rio Tinto a Hold rating and a $34.00 price target. This price target is lower than the $35.33 price target from Wall Street analysts. Shares were trading up 0.22% at time of writing. 

Of all Vetr raters, 62.5 percent have a buy rating on the stock.

For Vetr’s full analysis of Rio Tinto, go here.