JP Morgan Cazenove Keeps GBX 4100.00 Price Objective On Rio Tinto PLC (LON:RIO), Keeps “Overweight” Rating; Btr Capital Management Trimmed Microsoft (MSFT) Holding

December 7, 2017 - By Marie Mckinney

Professional analysts at JP Morgan Cazenove have GBX 4100.00 PT on Rio Tinto PLC (LON:RIO). JP Morgan Cazenove’s PT suggests a potential upside of 19.27% from the company’s current price. The rating was revealed to investors in a report on Thursday morning.

Btr Capital Management Inc decreased Microsoft Corp (MSFT) stake by 7.6% reported in 2017Q2 SEC filing. Btr Capital Management Inc sold 19,180 shares as Microsoft Corp (MSFT)’s stock rose 4.75%. The Btr Capital Management Inc holds 233,101 shares with $16.07M value, down from 252,281 last quarter. Microsoft Corp now has $638.61 billion valuation. The stock increased 1.46% or $1.19 during the last trading session, reaching $82.78. About 26.16M shares traded or 28.04% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 7, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.




Among 29 analysts covering Rio Tinto PLC (LON:RIO), 19 have Buy rating, 2 Sell and 8 Hold. Therefore 66% are positive. Rio Tinto PLC has GBX 4525 highest and GBX 3 lowest target. GBX 3368.04’s average target is -1.91% below currents GBX 3433.5 stock price. Rio Tinto PLC had 515 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Rio Tinto plc (LON:RIO) earned “Hold” rating by HSBC on Tuesday, October 20. Bernstein maintained Rio Tinto plc (LON:RIO) on Tuesday, August 25 with “Outperform” rating. The stock of Rio Tinto plc (LON:RIO) has “Overweight” rating given on Wednesday, February 17 by Barclays Capital. On Tuesday, June 28 the stock rating was upgraded by Goldman Sachs to “Neutral”. The firm has “Outperform” rating by Bernstein given on Monday, December 7. Macquarie Research maintained Rio Tinto plc (LON:RIO) on Friday, May 12 with “Outperform” rating. On Wednesday, August 9 the stock rating was maintained by Macquarie Research with “Outperform”. JP Morgan maintained Rio Tinto plc (LON:RIO) on Monday, October 19 with “Overweight” rating. On Tuesday, November 17 the stock rating was maintained by Investec with “Buy”. The stock of Rio Tinto plc (LON:RIO) has “Neutral” rating given on Friday, July 14 by Goldman Sachs.

Rio Tinto plc, a mining and metals company, finds, mines, processes, and markets mineral resources. The company has market cap of 60.34 billion GBP. The firm mines and produces aluminum products, including bauxite, alumina, and aluminum; copper, gold, silver, and molybdenum, as well as nickel; diamonds, titanium dioxide feedstocks, borates, and salt, as well as high purity iron, steel billets, metal powders, zircon, and rutile; uranium; iron ore; and thermal coal, and coking or metallurgical coal. It has a 10.01 P/E ratio. The Company’s products also comprise others, such as sulphuric acid, rhenium, lead carbonate, and selenium.

The stock decreased 1.86% or GBX 65 during the last trading session, reaching GBX 3433.5. About 1.70M shares traded. Rio Tinto plc (LON:RIO) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 135 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, October 27, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating given on Friday, October 23 by Stifel Nicolaus. Goldman Sachs upgraded the stock to “Neutral” rating in Friday, December 18 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Overweight” rating given on Thursday, December 22 by Piper Jaffray. FBR Capital maintained the shares of MSFT in report on Thursday, September 3 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Outperform” rating by BMO Capital Markets on Friday, January 8. The company was maintained on Monday, July 17 by Credit Suisse. On Thursday, March 17 the stock rating was reinitiated by Oppenheimer with “Outperform”. The rating was maintained by Goldman Sachs on Tuesday, July 18 with “Buy”. The company was maintained on Wednesday, August 23 by BMO Capital Markets.

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