Rio Tinto plc 16.1% Potential Upside Indicated by JP Morgan Cazenove

Rio Tinto Autonomous trains now driving 20 per cent of pit-to-port kilometres in Australia- company has probably been working on autonomous vehicles for longer than Google or Apple

An iron ore mine in Rio Tinto's Pilbara mining complex in Western Australia

In a research note revealed to clients on 20 July, Rio Tinto PLC (LON:RIO) stock had its Overweight Rating restate by expert analysts at JP Morgan Cazenove.

Shares of Rio Tinto plc (LON:RIO) traded down 1.77% during trading on Tuesday, hitting GBX 3385.50. Also, insider Christopher Lynch sold 7,582 shares of Rio Tinto plc stock in a transaction dated Wednesday, May 31st.

ILLEGAL ACTIVITY NOTICE: "Rio Tinto plc (LON:RIO) Receives "Outperform" Rating from Macquarie" was posted by Sports Perspectives and is owned by of Sports Perspectives. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/07/20/goldman-sachs-group-inc-the-raises-rio-tinto-plc-lonrio-price-target-to-gbx-2900-updated.html. Rio Tinto plc has an average rating of Buy and an average price target of GBX 3,693.95 ($48.24). Morgan Stanley upped their price target on shares of Rio Tinto plc from GBX 3,260 ($42.57) to GBX 3,430 ($44.79) and gave the company an "equal weight" rating in a report on Tuesday. (NASDAQ:ERII) rating on Wednesday, October 21. On Tuesday, January 19 the stock rating was maintained by Canaccord Genuity with "Buy".

The stock of Rio Tinto Plc (NYSE:RIO) registered an increase of 4.92% in short interest. The company was upgraded on Thursday, September 8 by RBC Capital Markets. The company now has an average rating of Buy and an average price target of GBX 3,693.95 ($48.24). Jefferies Group LLC set a GBX 4,000 ($52.23) price target on Rio Tinto plc and gave the company a buy rating in a research note on Friday, July 14th. The firm's market cap is GBX 62.01 billion. Liberum Capital restated a sell rating and set a GBX 2,450 ($31.99) price objective on shares of Rio Tinto plc in a research report on Tuesday, April 11th.

The stock of Rio Tinto plc (LON:RIO) has "Outperform" rating given on Sunday, October 4 by Bernstein. The Company's business is finding, mining and processing mineral resources. J P Morgan Chase & Co set a GBX 3,950 ($51.58) price target on shares of Rio Tinto plc and gave the company a "buy" rating in a report on Thursday, July 13th. As per Thursday, December 1, the company rating was maintained by Argus Research. It has a 210 P/E ratio. The Company's divisions include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. About shares traded. India Globalization Capital, Inc. Experience Art and Design Inc (OTCMKTS:EXAD) has 0.00% since July 20, 2016 and is. It has underperformed by 16.70% the S&P500. The firm has "Neutral" rating given on Monday, December 5 by Citigroup.

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