---
title: "Rio Tinto (RIO): New Buy Recommendation for This Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294312207.md"
description: "Rio Tinto received new Buy ratings from Berenberg Bank and Goldman Sachs, with Berenberg setting an £86 price target. Analyst Richard Hatch highlighted his strong track record in the Basic Materials sector. Conversely, Jefferies maintained a Hold rating on the stock yesterday."
datetime: "2026-07-30T06:25:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294312207.md)
  - [en](https://longbridge.com/en/news/294312207.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294312207.md)
---

# Rio Tinto (RIO): New Buy Recommendation for This Basic Materials Giant

Rio Tinto received a Buy rating and an £86.00 price target from Berenberg Bank analyst Richard Hatch today.

### Claim 55% Off TipRanks

-   Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
-   Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks

Hatch covers the Basic Materials sector, focusing on stocks such as Resolute Mining , Anglo American, and Rio Tinto. According to TipRanks, Hatch has an average return of 24.3% and a 58.45% success rate on recommended stocks.

In addition to Berenberg Bank, Rio Tinto also received a Buy from Goldman Sachs’s Matt Greene in a report issued today. However, yesterday, Jefferies maintained a Hold rating on Rio Tinto (LSE: RIO).

### Related Stocks

- [RIO.US](https://longbridge.com/en/quote/RIO.US.md)
- [RIO.UK](https://longbridge.com/en/quote/RIO.UK.md)
- [RIO.AU](https://longbridge.com/en/quote/RIO.AU.md)
- [RSG.AU](https://longbridge.com/en/quote/RSG.AU.md)
- [AAL.UK](https://longbridge.com/en/quote/AAL.UK.md)
- [GS.US](https://longbridge.com/en/quote/GS.US.md)
- [JEF.US](https://longbridge.com/en/quote/JEF.US.md)
- [RTPPF.US](https://longbridge.com/en/quote/RTPPF.US.md)
- [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md)

## Related News & Research

- [Bank of America Securities Sticks to Its Hold Rating for Rio Tinto (RIO)](https://longbridge.com/en/news/294243714.md)
- [New Sell Rating for Rio Tinto (RIO), the Basic Materials Giant](https://longbridge.com/en/news/294226479.md)
- [Bank of Nova Scotia Sells 15,293 Shares of Rio Tinto PLC $RIO](https://longbridge.com/en/news/294470748.md)
- [Citi Reaffirms Their Hold Rating on Rio Tinto Limited (RTNTF)](https://longbridge.com/en/news/294747700.md)
- [Rio Tinto (NYSE:RIO) Announces Quarterly Earnings Results](https://longbridge.com/en/news/294239009.md)