Rio Tinto plc (RIO) At $52.83 Forms Top; Farmer Brothers Co Has 1.75 Sentiment

Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company has market cap of $516.78 million. The firm offers roast and ground coffee; frozen liquid coffee; flavored and unflavored iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, and creamers; spices; and other beverages comprising cappuccino, cocoa, granitas, and ready-to-drink iced coffee. It currently has negative earnings. It sells its products under the Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, China Mist, Direct Trade, Fair Trade Certified, Rainforest Alliance Certified, Un Momento, Collaborative Coffee, Cain's, and McGarvey brand names, as well as under various private labels.

Rio Tinto plc (RIO) formed multiple top with $56.53 target or 7.00% above today’s $52.83 share price. Rio Tinto plc (RIO) has $91.65 billion valuation. The stock decreased 0.16% or $0.08 during the last trading session, reaching $52.83. About 1.13 million shares traded. Rio Tinto plc (NYSE:RIO) has risen 43.73% since March 1, 2017 and is uptrending. It has outperformed by 27.03% the S&P500.

Among 21 analysts covering Rio Tinto (NYSE:RIO), 11 have Buy rating, 3 Sell and 7 Hold. Therefore 52% are positive. Rio Tinto has $75.0 highest and $14 lowest target. $53.14’s average target is 0.59% above currents $52.83 stock price. Rio Tinto had 50 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Cowen & Co on Thursday, October 29. The stock of Rio Tinto plc (NYSE:RIO) earned “Buy” rating by Argus Research on Wednesday, March 30. The firm has “Hold” rating by Cowen & Co given on Thursday, January 18. The stock of Rio Tinto plc (NYSE:RIO) earned “Overweight” rating by JP Morgan on Monday, September 12. As per Thursday, August 17, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Thursday, February 15 by Jefferies. The rating was downgraded by RBC Capital Markets to “Outperform” on Tuesday, August 15. Citigroup downgraded the shares of RIO in report on Monday, April 18 to “Sell” rating. CLSA downgraded the shares of RIO in report on Thursday, April 14 to “Underperform” rating. The stock has “Neutral” rating by Citigroup on Tuesday, June 7.

Trigran Investments Inc. holds 7.4% of its portfolio in Farmer Bros. Co. for 999,231 shares. Perritt Capital Management Inc owns 127,241 shares or 1.1% of their US portfolio. Moreover, Portolan Capital Management Llc has 0.93% invested in the company for 238,204 shares. The California-based Granite Investment Partners Llc has invested 0.8% in the stock. Teton Advisors Inc., a New York-based fund reported 206,013 shares.