Berenberg analyst Richard Hatch lowered the firm’s price target on Rio Tinto to 5,700 GBp from 5,800 GBp and keeps a Hold rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIO:
- Rio Tinto names Katie Jackson copper CEO
- Australian Stocks: Rio Tinto (RIO) Falls on Lower-than-Expected Q2 Shipments
- Rio Tinto reports Q2 Pilbara iron ore production 80.3 Mt, up 2% y/y
- Rio Tinto, Ngarluma to progress renewable energy project
- Rio Tinto contributes A$40M towards Paraburdoo, Tom Price Hospitals