Rio Tinto PLC (LON:RIO) had its stock rating noted as Outperform by analysts at Macquarie. Macquarie currently has a GBX 4335.00 target price on the 62.67 billion GBP market cap company or 23.82% upside potential. This was revealed to clients and investors in analysts report on Tuesday, 14 February.
Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The company has market cap of $18.37 billion. The Company’s divisions include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. It currently has negative earnings. The Company’s Exploration and Production segment includes exploration, development and production activities in Colombia and abroad.
Among 29 analysts covering Rio Tinto PLC (LON:RIO), 17 have Buy rating, 2 Sell and 10 Hold. Therefore 59% are positive. Rio Tinto PLC has GBX 4525 highest and GBX 3 lowest target. GBX 3260.15’s average target is -2.07% below currents GBX 3329 stock price. Rio Tinto PLC had 412 analyst reports since July 23, 2015 according to SRatingsIntel. UBS maintained the stock with “Buy” rating in Wednesday, January 20 report. The firm has “Neutral” rating given on Tuesday, November 8 by Credit Suisse. The stock of Rio Tinto plc (LON:RIO) earned “Sell” rating by Liberum Capital on Monday, May 9. On Wednesday, September 30 the stock rating was maintained by Citigroup with “Buy”. Liberum Capital maintained it with “Sell” rating and GBX 1590 target in Friday, August 5 report. The rating was maintained by Jefferies on Thursday, October 8 with “Buy”. JP Morgan maintained Rio Tinto plc (LON:RIO) rating on Tuesday, June 21. JP Morgan has “Overweight” rating and GBX 2250 target. Macquarie Research maintained the stock with “Outperform” rating in Monday, October 17 report. The stock of Rio Tinto plc (LON:RIO) earned “Sell” rating by Liberum Capital on Tuesday, November 3. The rating was maintained by Canaccord Genuity on Friday, August 26 with “Buy”.
Rio Tinto plc is a mining company. The Firm focuses on finding, mining, processing and marketing the Earth’s mineral resources. The company has market cap of 62.66 billion GBP. The Company’s divisions include aluminum, copper and coal, diamonds and minerals, and iron ore. It has a 16.26 P/E ratio. The Company’s aluminum business includes bauxite mines, alumina refineries and aluminum smelters.
About 984,351 shares traded. Rio Tinto plc (LON:RIO) has risen 34.69% since July 29, 2016 and is uptrending. It has outperformed by 25.36% the S&P500.
Corecommodity Management Llc holds 0.69% of its portfolio in Ecopetrol SA (ADR) for 86,600 shares. Baring Asset Management Ltd owns 517,477 shares or 0.32% of their US portfolio. Moreover, Campbell & Co Investment Adviser Llc has 0.3% invested in the company for 10,865 shares. The New York-based Global X Management Co Llc has invested 0.26% in the stock. Koch Industries Inc, a Kansas-based fund reported 11,808 shares.#img1#
The stock decreased 2.26% or $0.21 on February 24, reaching $9.08. About shares traded. Ecopetrol SA (ADR) (NYSE:EC) has declined 2.05% since July 21, 2016 and is downtrending. It has underperformed by 11.39% the S&P500.
Ratings analysis reveals 33% of Ecopetrol’s analysts are positive. Out of 3 Wall Street analysts rating Ecopetrol, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $4 while the high is $10. The stock’s average target of $7 is -22.91% below today’s ($9.08) share price. EC was included in 6 notes of analysts from August 12, 2015. Deutsche Bank downgraded it to “Hold” rating and $10 target in Tuesday, March 8 report. The firm has “Hold” rating given on Friday, September 9 by Tudor Pickering. Deutsche Bank upgraded the stock to “Sell” rating in Wednesday, August 12 report. The company was upgraded on Wednesday, December 7 by Deutsche Bank.
The post Professional Analysts at Macquarie Kept the Same their Outperform rating for Rio Tinto PLC (LON:RIO). The Target Given is GBX 4335.00; Engelhard (EC)’s Sentiment Is 0.75 appeared first on Stock Market News | HillCountryTimes | Get it Today.
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