How Many Rio Tinto plc (NYSE:RIO)'s Analysts Are Bearish?

How Many Rio Tinto plc (NYSE:RIO)'s Analysts Are Bearish?

The hedge fund held 124,600 shares of the precious metals company at the end of 2017Q3, valued at $5.88M, down from 172,250 at the end of the previous reported quarter. Retirement Systems Of Alabama who had been investing in Digital Rlty Tr Inc for a number of months, seems to be bullish on the $23.34B market cap company. The stock increased 0.96% or $3.0448 during the last trading session, reaching $321.4748. Its down 61.11% from 1,800 shares previously. It has underperformed by 23.48% the S&P500.

Brookfield Asset Management Inc decreased its stake in Rio Tinto Plc (RIO) by 27.66% based on its latest 2017Q3 regulatory filing with the SEC. Lord Abbett & Company acquired 26,626 shares as Rio Tinto Plc Sponsored Adr (RIO)'s stock declined 9.05%. Shikiar Asset Management Inc who had been investing in Rio Tinto Plc for a number of months, seems to be less bullish one the $95.40B market cap company. About 2.50M shares traded or 3.40% up from the average.

Rio Tinto plc is a mining and metals company. It has outperformed by 27.03% the S&P500. Finally, increased their price objective on Rio Tinto from GBX 3,900 ($52.89) to GBX 4,000 ($54.24) and gave the company a buy rating in a report on Wednesday, October 18th. Therefore 66% are positive.

UBS Group set a GBX 4,000 ($54.24) price target on Rio Tinto (LON:RIO) in a research report report published on Wednesday morning. The firm earned "Hold" rating on Friday, August 12 by Beaufort Securities. On Friday, April 21 the stock rating was upgraded by BNP Paribas to "Outperform".


ILLEGAL ACTIVITY WARNING: "Rio Tinto (RIO) Given a GBX 4,000 Price Target at UBS Group" was reported by Week Herald and is the property of of Week Herald. The firm has "Neutral" rating by Citigroup given on Tuesday, June 7. As per Thursday, October 29, the company rating was downgraded by Liberium. Deutsche Bank restated a "buy" rating and set a GBX 4,300 ($58.31) price target on shares of Rio Tinto in a research report on Thursday, October 5th. The firm earned "Sell" rating on Monday, April 18 by Citigroup. The rating was maintained by Cowen & Co with "Market Perform" on Tuesday, May 3. The stock's average target of $154.50 is 24.76% above today's ($123.84) share price.

Retirement Systems Of Alabama, which manages about $19.18 billion US Long portfolio, decreased its stake in Mcdonalds Corp (NYSE:MCD) by 2,218 shares to 622,972 shares, valued at $97.61 million in 2017Q3, according to the filing. It also increased its holding in Visa Inc (NYSE:V) by 4,616 shares in the quarter, for a total of 256,779 shares, and has risen its stake in Schwab Strategic Tr (SCHE). Out of 8 Wall Street analysts rating Federal Realty Invst Trust, 3 give it "Buy", 1 "Sell" rating, while 4 recommend "Hold". Therefore 33% are positive. FRT was included in 8 notes of analysts from July 22, 2015. The firm has "Hold" rating by Wells Fargo given on Tuesday, December 12. The firm has "Buy" rating given on Friday, June 30 by Bank of America. On Thursday, September 14 the stock rating was maintained by Stifel Nicolaus with "Buy". They now have a "buy" rating on the stock.

Rio Tinto plc (LON:RIO) opened at 3426.70 on Monday. RBC Capital Markets maintained it with "Sector Perform" rating and $45.0 target in Friday, January 15 report. The stock has "Sell" rating by Liberum Capital on Thursday, October 29. As per Wednesday, October 7, the company rating was upgraded by Morgan Stanley. As per Thursday, August 20, the company rating was maintained by AlphaValue.

Investors sentiment decreased to 0.77 in Q3 2017. The company has a quick ratio of 1.34, a current ratio of 1.71 and a debt-to-equity ratio of 0.31. Jennison Associates LLC boosted its stake in Rio Tinto by 35.7% in the 3rd quarter. 178.00 million shares or 2.43% less from 182.42 million shares in 2017Q2 were reported. Moreover, Johnson Investment Counsel Inc has 0.01% invested in Spectra Energy Partners, LP (NYSE:SEP) for 9,105 shares. Ancora Advsrs Limited Liability Co owns 10,818 shares or 0.03% of their USA portfolio. Next Fincl Group holds 0.01% or 403 shares in its portfolio. First Limited Partnership holds 0.05% or 174,337 shares in its portfolio. 6,630 were accumulated by Robeco Institutional Asset Mgmt Bv.

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