Rio Tinto's rising costs represent further challenges in RBC's eyes
12th Oct 2018 09:56
(Sharecast News) - Analysts at RBC Capital Markets adjusted their estimates on Rio Tinto on Friday, noting that challenges posed by elevated input costs had continued to erode EBITDA margins in the mining giant's aluminium unit.
Read moreRio Tinto sells off Grasberg mine to Indonesian state-run mining outfit
28th Sep 2018 11:48
(Sharecast News) - Rio Tinto has signed a binding agreement for the sale of its interest in Indonesia's Grasberg mine.
Read moreThursday broker round-up
27th Sep 2018 12:14
(Sharecast News) - Thomas Cook Group: UBS upgrades to neutral with a target price of 60p.
Read moreFriday broker round-up
21st Sep 2018 12:12
(Sharecast News) - Paragon Banking Group: RBC Capital Markets downgrades to sector performer with a target price of 500p.
Read moreRio Tinto outlines $3.2bn share buyback
20th Sep 2018 07:46
(Sharecast News) - Rio Tinto outlined its plans to return around $3.2bn to shareholders on Thursday through a share buyback programme, following the disposal of its coal assets.
Read moreHydro withdraws offer for Rio Tinto's aluminium assets
14th Sep 2018 15:01
(Sharecast News) - Rio Tinto said on Friday that Norway's Hydro has withdrawn its offer for the miner's aluminium assets.
Read moreMonday broker round-up
10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read moreSector movers: Miners find a bid despite US dollar strength
13th Aug 2018 14:30
(Sharecast News) - Commodity-related stocks were on the front foot at the start of the week, buoyed by the release of data in China that appeared according to analysts at Pantheon Macroeconomics showed that the authorities had "switched stance" and that the country's central bank had been leaning on the country's banks to lend more.
Read moreThursday broker round-up
2nd Aug 2018 12:58
(Sharecast News) - SSE: Berenberg reiterates buy with a target price of 1,500p.
Read moreRio Tinto in huge $7bn return to investors as H1 profits soar
1st Aug 2018 07:44
(Sharecast News) - Anglo-Australian mining giant Rio Tinto said first half profits rose 12% as it announced a massive $7.2bn (£5.49bn) in shareholder returns from buybacks and asset sales.
Read moreWednesday broker round-up
25th Jul 2018 13:57
(Sharecast News) - Unite Group: Numis downgrades to hold with a target price of 900p.
Read moreRBC Capital downgrades Rio Tinto to 'underperform''
25th Jul 2018 09:31
(Sharecast News) - RBC Capital Markets downgraded Rio Tinto to 'underperform' from 'sector perform' and cut the price target to 3,400p from 3,900p as it said the stock was unlikely to be able to hang on to its current 64% premium to sector valuations.
Read moreDirectors dealings: Rio non-exec digs into miner's shares
15th Feb 2017 18:37
(ShareCast News) - Robert Brown, a non-executive director at Rio Tinto, picked up 4,500 American Depositary Receipts in the miner at an individual price of US$46.27, pocketing out a total of US$208,215 in the process. On 8 February, the Australia-focused miner reported full-year net earnings of $4.6
Read moreLondon close: FTSE gains on financials as US consumer inflation surprises
15th Feb 2017 17:15
(ShareCast News) - London stocks ended Wednesday higher as investors considered news that UK's jobless rate held steady at end-2016, with forecast-busting US inflation numbers helping boost global markets led north by financials. The FTSE 100 ended the session up 0.47% or 33.85 points at 7,302.41, s
Read moreTuesday broker round-up
14th Feb 2017 09:07
(ShareCast News) - Antofagasta: Bank of America Merill Lynch upgrades to Buy with a target price of 1050p. Reckitt Benckiser: Berenberg reiterates Buy with a target price of 8500p. British American Tobacco: Citigroup reiterates Buy with a target price of 5600p. Glencore: Deutsche Bank reiterates H
Read more