Rio Tinto (RIO) Given "Neutral" Rating at JPMorgan Chase & Co

Carlos Sainz of Spain and co-pilot Lucas Cruz of Spain drive their Peugeot. Reuters

Rio Tinto (RIO) Given "Neutral" Rating at JPMorgan Chase & Co

After $0.09 actual earnings per share reported by Yelp Inc. for the previous quarter, Wall Street now forecasts -44.44% negative EPS growth. The firm's market cap is GBX 62.90 billion.

The stock increased 0.35% or GBX 14 during the last trading session, reaching GBX 4018.5. Yelp Inc. (NYSE:YELP) has risen 12.71% since January 18, 2017 and is uptrending. It has outperformed by 1.95% the S&P500. Raymond James Financial Services Advisors Inc sold 9,256 shares as the company's stock declined 19.70% while stock markets rallied. The Company's business is finding, mining and processing mineral resources.

The stock decreased 3.35% or $0.09 during the last trading session, reaching $2.6. About 1.11M shares traded. Rio Tinto plc (NYSE:RIO) has risen 43.73% since January 18, 2017 and is uptrending. It has outperformed by 27.03% the S&P500.

Webster Bank, which manages about $688.03M US Long portfolio, decreased its stake in Vanguard Etf/Usa (BND) by 4,860 shares to 276,958 shares, valued at $22.70 million in 2017Q3, according to the filing. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company's stock. Therefore 56% are positive.

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Several other equities research analysts have also recently weighed in on RIO. The rating was maintained by UBS with "Buy" on Monday, November 30. The firm has "Neutral" rating given on Thursday, April 28 by Credit Suisse. Argus Research maintained the stock with "Buy" rating in Wednesday, August 17 report. The rating was upgraded by DA Davidson to "Buy" on Monday, August 14. Cowen now has a $61.00 target price on the mining company's stock, up from their previous target price of $54.00. Finally, Societe Generale raised Rio Tinto to a buy rating and lifted their price target for the stock from GBX 3,600 ($48.82) to GBX 4,400 ($59.67) in a research note on Thursday, November 9th. The stock has an average rating of Buy and a consensus price target of GBX 4,049.75 ($54.92). As per Friday, February 3, the company rating was downgraded by DA Davidson. The stock of Rio Tinto plc (LON:RIO) earned "Outperform" rating by Macquarie Research on Tuesday, February 14. As per Wednesday, January 10, the company rating was maintained by Stephens.

Investors sentiment increased to 1 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. $1.63 million worth of The Home Depot, Inc. Invesco owns 11.02 million shares. Glg Lc reported 0.07% stake. 256,516 were accumulated by Barclays Public Ltd Co. Summit Securities Group Llc sold 2,978 shares as the company's stock rose 9.30% with the market. Panagora Asset Mngmt invested in 27,252 shares or 0.01% of the stock. North Star Inv Management holds 0.07% or 228,579 shares. Granahan Management Ma, a Massachusetts-based fund reported 25,365 shares. The Nepsis Capital Management Inc holds 110,157 shares with $5.20M value, up from 52,732 last quarter. Rio Tinto PLC has GBX 4600 highest and GBX 3 lowest target. Therefore 52% are positive. Rio Tinto had 47 analyst reports since August 5, 2015 according to SRatingsIntel. Cowen & Co maintained it with "Hold" rating and $4700 target in Thursday, July 13 report. Cowen & Co has "Market Perform" rating and $40 target. The firm has "Sell" rating by Citigroup given on Wednesday, October 12. The rating was upgraded by Morgan Stanley on Wednesday, October 7 to "Overweight".

Rio Tinto plc is a mining and metals company. The firm earned "Buy" rating on Monday, August 8 by Deutsche Bank. RBC Capital Markets initiated the shares of RIO in report on Tuesday, February 9 with "Underperform" rating.

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