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.
See how crowd sourced ratings can help predict the market?
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.