How Many Rio Tinto plc (NYSE:RIO)'s Analysts Are Bearish?

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The hedge fund held 124,600 shares of the precious metals company at the end of 2017Q3, valued at $5.88M, down from 172,250 at the end of the previous reported quarter. The company has market cap of $92.89 billion. About 106,365 shares traded. The Boeing Company (NYSE:BA) has risen 41.13% since January 10, 2017 and is uptrending. It has underperformed by 0.03% the S&P500.

More important recent Rio Tinto plc (NYSE:RIO) news were published by: Marketwatch.com which released: "Rio Tinto hikes buyback plans as profit jumps" on August 02, 2017, also Marketwatch.com published article titled: "Rio Tinto cuts guidance on mined copper", Livetradingnews.com published: "Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights" on July 04, 2017. Minneapolis Portfolio Management Group Llc bought 7,858 shares as the company's stock declined 9.05% while stock markets rallied. The institutional investor held 99,270 shares of the consumer services company at the end of 2017Q3, valued at $11.75M, up from 77,468 at the end of the previous reported quarter. Shikiar Asset Management Inc who had been investing in Rio Tinto Plc for a number of months, seems to be less bullish one the $95.40B market cap company. The stock increased 0.47% or $0.27 during the last trading session, reaching $57.51. It has outperformed by 27.03% the S&P500. Zacks Investment Research lowered Rio Tinto from a "buy" rating to a "hold" rating in a research note on Wednesday, December 13th. Therefore 52% are positive. Rio Tinto PLC had 518 analyst reports since July 23, 2015 according to SRatingsIntel. Investec upgraded the stock to "Buy" rating in Friday, October 30 report. Macquarie restated an outperform rating and issued a GBX 4,500 ($61.03) price objective on shares of Rio Tinto in a research report on Thursday, September 14th. The firm has "Buy" rating given on Friday, June 30 by Bank of America. On Thursday, August 20 the stock rating was upgraded by Credit Suisse to "Neutral". The rating was downgraded by JP Morgan on Monday, November 13 to "Neutral". The firm has "Hold" rating by Wells Fargo given on Tuesday, December 12. Finally, Liberum Capital increased their price target on shares of Rio Tinto plc from GBX 2,130 ($26.58) to GBX 2,400 ($29.95) and gave the stock a "sell" rating in a report on Thursday, January 26th. The firm earned "Sell" rating on Monday, April 18 by Citigroup. The stock of Rio Tinto plc (NYSE:RIO) earned "Buy" rating by Jefferies on Thursday, August 17. Jefferies has "Buy" rating and $55.0 target.

Shikiar Asset Management Inc, which manages about $319.33M and $230.10 million US Long portfolio, upped its stake in General Electric (NYSE:GE) by 156,005 shares to 281,480 shares, valued at $6.81 million in 2017Q3, according to the filing.

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Among 6 analysts covering DFS Furniture PLC (LON:DFS), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 47% are positive. The rating was downgraded by RBC Capital Markets on Monday, October 23 to "Hold". The rating was maintained by Cowen & Co with "Market Perform" on Tuesday, May 3. The rating was maintained by UBS on Wednesday, February 10 with "Buy". Rio Tinto plc (NYSE:RIO) has risen 43.73% since January 12, 2017 and is uptrending. The firm has "Buy" rating given on Friday, March 17 by Deutsche Bank. RBC Capital Markets maintained it with "Sector Perform" rating and $45.0 target in Friday, January 15 report. On Tuesday, June 28 the stock rating was upgraded by Morgan Stanley to "Overweight". The firm has "Buy" rating by Argus Research given on Thursday, December 1. Its down 0.14, from 0.91 in 2017Q2. It increased, as 24 investors sold ST shares while 63 reduced holdings. 19 funds opened positions while 77 raised stakes. Jennison Associates LLC now owns 2,139,716 shares of the mining company's stock worth $100,973,000 after buying an additional 563,461 shares during the last quarter. Essex Investment Llc has 0.13% invested in Sensata Technologies Holding N.V. (NYSE:ST). Heitman Real Estate Securities Llc owns 522,295 shares or 3.75% of their U.S. portfolio. (NYSE:DLR). New Mexico Educational Retirement Board stated it has 42,817 shares or 0.24% of all its holdings.

Sorin Capital Management Llc holds 3.91% of its portfolio in Federal Realty Investment Trust for 39,700 shares.

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