Analysts Offer Insights on Materials Companies: Rio Tinto Limited (OtherRTNTF) and Nexa Resources SA (NEXA)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Rio Tinto Limited (RTNTF) and Nexa Resources SA (NEXA).
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Rio Tinto Limited (RTNTF)
RBC Capital analyst Kaan Peker maintained a Sell rating on Rio Tinto Limited today and set a price target of A$143.00. The company’s shares closed last Tuesday at $130.11.
According to TipRanks.com, Peker is a 5-star analyst with an average return of
Currently, the analyst consensus on Rio Tinto Limited is a Moderate Buy with an average price target of $123.31.
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Nexa Resources SA (NEXA)
Citi analyst Gabriel Barra maintained a Hold rating on Nexa Resources SA yesterday and set a price target of $16.00. The company’s shares closed last Tuesday at $15.66.
According to TipRanks.com, Barra is ranked #3939 out of 12289 analysts.
Nexa Resources SA has an analyst consensus of Hold, with a price target consensus of $14.50, representing a -10.4% downside. In a report issued on May 20, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $15.50 price target.
Read More on RTNTF:
Disclaimer & DisclosureReport an Issue
- Rio Tinto Updates Share Capital and Voting Rights After Employee Share Issuance
- Rio Tinto Names BP Veteran Trudi Charles as New Chief Legal Officer
- Rio Tinto CEO Addresses Bank of America Metals and Mining Conference
- Rio Tinto Discloses PDMR Share Acquisition via Dividend Reinvestment Plan
- Rio Tinto CEO Sets Growth Ambition on Safety, Productivity and Copper-Led Expansion
