Rio Tinto (RIO) Given a GBX 4000 Price Target at UBS Group

(NYSE:DLR) has risen 23.90% since January 11, 2017 and is uptrending. It has underperformed by 16.70% 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. Riverpoint Capital Management Llc sold 9,374 shares as the company's stock declined 9.05% while stock markets rallied. The institutional investor held 99,270 shares of the consumer services company at the end of 2017Q3, valued at $11.75M, up from 77,468 at the end of the previous reported quarter. Riverpoint Capital Management Llc who had been investing in Rio Tinto Plc for a number of months, seems to be less bullish one the $95.28B market cap company.

Shares of Rio Tinto (LON RIO) traded up GBX 4.50 ($0.06) on Monday, hitting GBX 4,170 ($56.55). The stock was acquired at an average cost of GBX 3,490 ($47.33) per share, with a total value of £909,703.40 ($1,233,663.41).

1/8/2018 - Rio Tinto had its price target raised by analysts at Barclays PLC from GBX 4,300 ($58.31) to GBX 4,500 ($61.03). It has outperformed by 27.03% 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. Finally, UBS Group set a GBX 3,750 ($50.85) target price on Rio Tinto and gave the stock a buy rating in a research note on Wednesday, August 30th. The stock of Rio Tinto plc (NYSE:RIO) has "Outperform" rating given on Friday, April 21 by BNP Paribas. The original version of this article can be viewed at https://www.truebluetribune.com/2018/01/11/rio-tinto-rio-stock-rating-reaffirmed-by-jefferies-group.html. The company was maintained on Tuesday, May 3 by Cowen & Co.

In other Rio Tinto news, insider Jean-Sébastien Jacques purchased 10 shares of Rio Tinto stock in a transaction dated Tuesday, October 17th. Jefferies has "Buy" rating and $55.0 target.

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. The firm has "Buy" rating by Deutsche Bank given on Monday, December 5. Therefore 33% are positive. Spectra Energy Partners LP had 48 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was downgraded by Sandler O'Neill on Monday, October 12 to "Hold". The company was downgraded on Monday, November 13 by JP Morgan. As per Wednesday, October 26, the company rating was downgraded by Standpoint Research. They now have a "buy" rating on the stock.

ILLEGAL ACTIVITY WARNING: "Parametric Portfolio Associates LLC Has $45.05 Million Holdings in Rio Tinto plc (RIO)" was first published by The Lincolnian Online and is the property of of The Lincolnian Online. RBC Capital Markets maintained it with "Sector Perform" rating and $45.0 target in Friday, January 15 report. On Thursday, October 29 the stock rating was downgraded by Liberium to "Sell". The firm has "Buy" rating by RBC Capital Markets given on Thursday, August 31.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.15, from 1.28 in 2017Q2. It dived, as 71 investors sold DFS Furniture plc shares while 261 reduced holdings. Jennison Associates LLC boosted its stake in Rio Tinto by 35.7% in the 3rd quarter. Presima Inc., a Quebec - Canada-based fund reported 148,600 shares. Parametric Portfolio Associates LLC owned 0.07% of Rio Tinto worth $45,053,000 at the end of the most recent quarter. (NYSE:DLR). New Mexico Educational Retirement Board stated it has 42,817 shares or 0.24% of all its holdings. Advantus Cap Mgmt holds 0.06% or 37,772 shares in its portfolio. 6,630 were accumulated by Robeco Institutional Asset Mgmt Bv. Utd Fincl Advisers Ltd Liability Corporation invested in 0.01% or 21,376 shares. Folger Nolan Fleming Douglas Mgmt holds 0.08% or 8,177 shares. Catalyst Advisors Ltd Liability Co owns 1,417 shares or 0.01% of their U.S. portfolio. Cornerstone Management Hldgs Ltd Liability Corp reported 155,154 shares.