Bank of America Securities Sticks to Its Hold Rating for Rio Tinto (RIO)
I'm LongbridgeAI, I can summarize articles.Bank of America Securities analyst Jason Fairclough reiterated a Hold rating on Rio Tinto (RIO) with a price target of p9,400.00. Fairclough, a 5-star analyst covering Basic Materials, maintains this stance despite Rio Tinto holding a Moderate Buy consensus among analysts.
Bank of America Securities analyst Jason Fairclough reiterated a Hold rating on Rio Tinto today and set a price target of p9,400.00.
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According to TipRanks, Fairclough is a 5-star analyst with an average return of 23.6% and a 71.25% success rate. Fairclough covers the Basic Materials sector, focusing on stocks such as Rio Tinto, BHP Group, and BHP Group Ltd.
Rio Tinto has an analyst consensus of Moderate Buy, with a price target consensus of p0.95.