Rio Tinto plc (RIO) Receives Average Rating of "Buy" from Brokerages

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Rio Tinto had its price target raised by analysts at JPMorgan Chase & Co. from GBX 3,750 ($50.85) to GBX 3,850 ($52.21). The hedge fund run by John Griffin held 4.44 million shares of the industrial machinery and components company at the end of 2017Q3, valued at $213.20M, up from 4.41 million at the end of the previous reported quarter. The company has market cap of 438.13 million GBP.

The stock increased 3.50% or GBX 7 during the last trading session, reaching GBX 207. It also reduced Extended Stay Amer Inc Unit 99/99/9999B (NYSE:STAY) stake by 461,405 shares and now owns 1.47M shares. It has underperformed by 0.03% the S&P500. Rio Tinto plc (NYSE:RIO) has risen 43.73% since January 11, 2017 and is uptrending. Neville Rodie & Shaw Inc bought 13,500 shares as the company's stock declined 9.05% while stock markets rallied. The Lord Abbett & Company holds 438,814 shares with $20.71M value, up from 412,188 last quarter.

Shares of Rio Tinto (LON RIO) traded up GBX 4.50 ($0.06) on Monday, hitting GBX 4,170 ($56.55). The company's stock had a trading volume of 4,200,872 shares, compared to its average volume of 3,280,000.

Rio Tinto plc is a mining company. It has outperformed by 27.03% the S&P500. Credit Suisse Group raised their price target on Rio Tinto from GBX 4,000 ($54.24) to GBX 4,300 ($58.31) and gave the stock an "outperform" rating in a research report on Thursday, October 26th. raised their price target on Rio Tinto from GBX 3,900 ($52.89) to GBX 4,000 ($54.24) and gave the stock a "buy" rating in a research report on Wednesday, October 18th. Rio Tinto PLC had 518 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Friday, April 28 by Goldman Sachs. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company's stock. The firm has "Overweight" rating given on Monday, September 12 by JP Morgan. The stock of Rio Tinto plc (NYSE:RIO) earned "Buy" rating by Investec on Friday, October 30. The firm has "Outperform" rating given on Friday, April 21 by BNP Paribas. Jefferies maintained Rio Tinto plc (NYSE:RIO) rating on Thursday, August 31.

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Lord Abbett & Company decreased Unitedhealth Group Inc Com (NYSE:UNH) stake by 66,125 shares to 794,918 valued at $155.69M in 2017Q3.

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).

Among 15 analysts covering Sensata Technologies Holdings NV (NYSE:ST), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Spectra Energy Partners LP had 48 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by UBS on Tuesday, October 27 with "Buy". The rating was downgraded by SunTrust to "Neutral" on Friday, November 13. The rating was maintained by Jefferies on Wednesday, March 30 with "Buy". The firm has "Buy" rating given on Wednesday, December 6 by Raymond James. The stock of DFS Furniture plc (LON:DFS) has "Reduce" rating given on Tuesday, December 5 by Peel Hunt. The rating was upgraded by RBC Capital Markets to "Underperform" on Thursday, August 6. They now have a "sell" rating on the stock. The rating was initiated by HSBC with "Buy" on Thursday, November 10.

Investors sentiment decreased to 0.77 in Q3 2017. Its up 1.03, from 1.03 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. 301.28 million shares or 2.91% less from 310.30 million shares in 2017Q2 were reported. Heitman Real Estate Securities Llc owns 522,295 shares or 3.75% of their USA portfolio. Advantus Cap Mgmt holds 0.06% or 37,772 shares in its portfolio. State Street Corporation accumulated 0.12% or 11.37M shares. Martingale Asset Mngmt Limited Partnership has invested 0.03% of its portfolio in Digital Realty Trust, Inc. Jefferies Group Incorporated Ltd Co accumulated 11,882 shares. Kames Public Limited Liability Corporation invested in 0.06% or 17,298 shares.