Rio Tinto (RIO): New Buy Recommendation for This Basic Materials Giant
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According to TipRanks, Fletcher is a 3-star analyst with an average return of 2.5% and a 56.55% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Vale SA, and BHP Group Ltd. In addition to Barclays, Rio Tinto also received a Buy from J.P. Morgan’s Dominic OKane in a report issued yesterday. However, on the same day, Deutsche Bank maintained a Hold rating on Rio Tinto (LSE: RIO).
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