Rio Tinto (RIO) Receives "Buy" Rating from HSBC

Rio Tinto (RIO) Receives

Rio Tinto (RIO) Receives "Buy" Rating from HSBC

The company has market cap of $184.96 million.

Rio and two former top executives were charged with fraud by United States authorities in October, accused of inflating the value of their Mozambique coal assets and failing to disclose mounting losses.

The stock decreased 1.20% or GBX 42.5 during the last trading session, reaching GBX 3497.5. About 226,830 shares traded. Advanced Emissions Solutions, Inc. Motif Bio plc (LON:MTFB) has 0.00% since December 5, 2016 and is.

Ratings analysis reveals 100% of ADA-ES's analysts are positive.

Among 4 analysts covering Motif Bio Plc (LON:MTFB), 4 have Buy rating, 0 Sell and 0 Hold. The lowest target is $1800 while the high is $20.0. ADES was included in 2 notes of analysts from August 9, 2017. Piper Jaffray maintained Raven Industries, Inc. H.C. Wainwright has "Buy" rating and $1800 target.

The company highlighted in the seminar that it was expecting capital expenditure (capex) of less than $4.5 billion in 2017, and a capex guidance of $5.5 billion in 2018 and $6 billion in both 2019 and 2020 for the company.

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The company had revenue of $15.98 billion during the quarter, compared to analysts' expectations of $15.62 billion. The firm has a market capitalization of $91.87 billion, a price-to-earnings ratio of 27.04 and a beta of 0.91.

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Analysts await Advanced Emissions Solutions, Inc. (NASDAQ:UFPT) to report earnings on March, 1. Its down 11.76% from 533,100 shares previously. The Baupost Group Llc holds 29.30M shares with $873.58 million value, up from 17.67 million last quarter. Greywolf Capital Management Lp owns 1.74 million shares or 4.98% of their USA portfolio. (NASDAQ:RAVN). Walleye Trading Limited holds 2,200 shares or 0% of its portfolio. First Manhattan invested in 19,350 shares or 0.01% of the stock. Also, the number of hedge funds holding Ufp Technologies Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. About 774,512 shares traded.

Rio Tinto (RIO) opened at GBX 3,540 ($47.64) on Tuesday. It has underperformed by 16.70% the S&P500.

Global mining group, Rio Tinto has planned to keep growing the company by focusing on significant brownfield, high-return growth, and replacement and productivity improvement opportunities.

The company said that it will deliver additional free cash flow of $1.5 billion a year from 2021, following on from its drive to boost free cash flow by $5 billion over 2017 to 2021. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. It has a 21.34 P/E ratio. The Company's products also comprise others, such as sulphuric acid, rhenium, lead carbonate, and selenium. Citigroup upgraded Rio Tinto to a "buy" rating in a research note on Tuesday. Therefore 78% are positive. Credit Suisse Group AG reiterated an outperform rating and set a GBX 3,600 ($46.24) price objective on shares of Rio Tinto plc in a research report on Friday, February 3rd. GBX 3368.04's average target is -3.70% below currents GBX 3497.5 stock price.

Several equities research analysts recently issued reports on the stock. The stock of Synchrony Financial (NYSE:SYF) has "Perform" rating given on Tuesday, April 11 by Oppenheimer. On Thursday, September 24 the stock rating was maintained by Macquarie Research with "Outperform". Finally, Liberum Capital raised their price target on Rio Tinto from GBX 2,450 ($32.97) to GBX 2,750 ($37.01) and gave the company a "sell" rating in a report on Monday, November 27th. The stock has "Buy" rating by FinnCap on Tuesday, April 18. J P Morgan Chase & Co boosted their price objective on shares of Rio Tinto from GBX 4,000 ($53.84) to GBX 4,100 ($55.18) and gave the stock an overweight rating in a report on Tuesday, September 5th. Compass Point initiated the shares of SYF in report on Friday, November 4 with "Buy" rating. The firm earned "Conviction Buy" rating on Wednesday, January 13 by Goldman Sachs.

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