new broker report out today...
JP Morgan 10-Sep-12 Changes to coal price forecasts have resulted in JP organ making minor adjustments to earnings estimates and valuation for Rio Tinto.
Price target is unchanged at $79.00 and the broker retains an Overweight rating, preferring the stock to BHP Billiton ((BHP)) given higher returning growth projects and a more flexible strategy.
Overweight
iron ore miner margins, page-102
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Last
$109.74 |
Change
-1.010(0.91%) |
Mkt cap ! $40.73B | |||
| Open | High | Low | Value | Volume |
| $110.96 | $112.25 | $108.88 | $110.5M | 1.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 763 | $109.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $109.78 | 3628 | 4 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |