-5.13% to Target, JP Morgan Cazenove Reaffirms Neutral Rating for Rio Tinto PLC (LON:RIO) Stock; IG Group Holdings plc (LON:IGG) Had 2 Bullish Analysts

Stock research analysts at JP Morgan Cazenove have GBX 3850.00 PT on Rio Tinto PLC (LON:RIO). JP Morgan Cazenove’s PT indicates a potential downside of -5.13% from the company’s current stock price. The rating was revealed to investors in an analyst report on 17 January.

Among 7 analysts covering IG Group Holdings (LON:IGG), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. IG Group Holdings had 82 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 20 by Barclays Capital. Numis Securities maintained the stock with “Hold” rating in Friday, September 30 report. Shore Capital maintained the shares of IGG in report on Thursday, March 23 with “Hold” rating. The company was maintained on Wednesday, November 11 by Barclays Capital. The stock of IG Group Holdings plc (LON:IGG) earned “Hold” rating by Numis Securities on Tuesday, July 18. Numis Securities maintained IG Group Holdings plc (LON:IGG) on Monday, November 30 with “Hold” rating. The firm has “Overweight” rating by Barclays Capital given on Wednesday, January 25. The rating was maintained by Shore Capital with “Hold” on Thursday, June 8. Liberum Capital upgraded IG Group Holdings plc (LON:IGG) on Tuesday, August 16 to “Buy” rating. As per Friday, December 9, the company rating was maintained by Barclays Capital. See IG Group Holdings plc (LON:IGG) latest ratings:

12/01/2018 Broker: Liberum Capital Rating: Under Review Under Review
03/01/2018 Broker: Barclays Capital Rating: Overweight Old Target: GBX 650.00 New Target: GBX 920.00 Maintain
18/12/2017 Broker: Numis Securities Rating: Hold Old Target: GBX 697.00 New Target: GBX 697.00 DownGrade
05/12/2017 Broker: Numis Securities Rating: Add Old Target: GBX 697.00 New Target: GBX 697.00 Maintain
05/12/2017 Broker: Shore Capital Rating: Hold Maintain
21/09/2017 Broker: Numis Securities Rating: Add Old Target: GBX 638.00 New Target: GBX 697.00 Upgrade
21/09/2017 Broker: Shore Capital Rating: Hold Maintain
21/09/2017 Broker: Liberum Capital Rating: Under Review Under Review
27/07/2017 Broker: Citigroup Rating: Neutral New Target: GBX 600.00 Maintain
18/07/2017 Broker: Numis Securities Rating: Hold Old Target: GBX 598.00 New Target: GBX 598.00 Maintain

Among 29 analysts covering Rio Tinto PLC (LON:RIO), 18 have Buy rating, 2 Sell and 9 Hold. Therefore 62% are positive. Rio Tinto PLC has GBX 4600 highest and GBX 3 lowest target. GBX 3366.12’s average target is -17.04% below currents GBX 4057.5 stock price. Rio Tinto PLC had 523 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Rio Tinto plc (LON:RIO) has “Neutral” rating given on Thursday, October 6 by BNP Paribas. The firm has “Buy” rating by Jefferies given on Tuesday, April 4. On Tuesday, January 19 the stock rating was maintained by Barclays Capital with “Overweight”. On Wednesday, August 30 the stock rating was maintained by HSBC with “Buy”. The company was maintained on Friday, March 17 by Liberum Capital. Bernstein maintained the shares of RIO in report on Thursday, February 18 with “Outperform” rating. As per Wednesday, December 9, the company rating was maintained by Deutsche Bank. The rating was upgraded by Citigroup to “Buy” on Tuesday, December 5. On Wednesday, November 4 the stock rating was maintained by Investec with “Buy”. The firm has “Outperform” rating by Macquarie Research given on Friday, April 21.

Rio Tinto plc, a mining and metals company, finds, mines, processes, and markets mineral resources. The company has market cap of 71.30 billion GBP. The firm mines and produces aluminum products, including bauxite, alumina, and aluminum; copper, gold, silver, and molybdenum, as well as nickel; diamonds, titanium dioxide feedstocks, borates, and salt, as well as high purity iron, steel billets, metal powders, zircon, and rutile; uranium; iron ore; and thermal coal, and coking or metallurgical coal. It has a 11.83 P/E ratio. The Company’s products also comprise others, such as sulphuric acid, rhenium, lead carbonate, and selenium.

The stock increased 0.27% or GBX 11 during the last trading session, reaching GBX 4057.5. About 1.10 million shares traded. Rio Tinto plc (LON:RIO) has 0.00% since January 17, 2017 and is . It has underperformed by 16.70% the S&P500.

IG Group Holdings plc engages in online trading business worldwide. The company has market cap of 2.79 billion GBP. The company, through its platform, offers contracts for difference, which are derivatives that enable clients to take the advantage of changes in an assetÂ’s price without owning the asset itself; and financial spread betting services. It has a 16.55 P/E ratio. It also operates North American Derivatives Exchange, a retail-oriented exchange, which enables investors to trade options on global financial markets.