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RIO Crosses Below Key Moving Average Level
Friday, April 21, 11:00 AM ET, by Market News Video Staff

In trading on Friday, shares of Rio Tinto plc (RIO) crossed below their 200 day ...

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Friday, May 12, 7:48 AM ET, by Market News Video Staff

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See How Rio Tinto Ranks Among Analysts' Top Metals Picks
Friday, May 19, 2:46 PM ET, by Market News Video Staff

A study of analyst recommendations at the major brokerages shows that Rio Tinto plc (RIO) ...

Interesting RIO Put And Call Options For November 17th
Friday, June 2, 11:09 AM ET, by Market News Video Staff

Investors in Rio Tinto plc (RIO) saw new options begin trading today, for the November ...

Bullish Two Hundred Day Moving Average Cross - RIO
Tuesday, June 13, 11:07 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Rio Tinto plc (RIO) crossed above their 200 day ...

See How Rio Tinto Ranks Among Analysts' Top Metals Picks

By Metals Channel Staff, Friday, October 8, 2:30 PM ET
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A study of analyst recommendations at the major brokerages shows that Rio Tinto plc (NYSE:RIO) is the #38 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector. The companies listed in the Metals Channel Global Mining Titans Index are not fixed, but instead variable — updating on a continuous basis to reflect the changing market environment with respect to commodity prices, government policy and market volatility.

In forming this rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components of the Metals Channel Global Mining Titans Index were ranked according to those averages. Investors often interpret analyst opinions from different angles — when companies have a low rank among analysts, it isn't necessarily the case that investors should conclude that the stock will perform poorly. It can, of course, but a bullish investor could also take the contrarian angle and read into the data that there is lots of room for upside because the stock is so out of favor. From the other direction, a popular analyst pick could mean that many sharp minds individually came to the same bullish conclusion, and therefore the stock should do well, but it could also mean that if the company stumbles, that would come as a negative surprise.

RIO operates in the Metals & Mining sector, among companies like Freeport-McMoran Copper & Gold (FCX) which is down about 0.4% today, and Vulcan Materials Co (VMC) trading higher by about 0.4%. Below is a three month price history chart comparing the stock performance of RIO, versus FCX and VMC.

RIO,FCX,VMC Relative Performance Chart

RIO is currently trading up about 0.3% midday Friday.


This Article's Word Cloud:   Analyst   Below   Channel   Copper   Favorites   Freeport   Friday   From   Global   Gold   Index   Investors   Materials   McMoran   Metals   Mining   NYSE   Start   Tinto   Titans   Vulcan   about   according   also   among   analyst   analysts   angle   angles   average   averaged   averages   basis   bullish   companies   could   from   major   market   mdash   mean   opinions   pick   rank   sector   should   stock   that   trading   were

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