This summary was created by AI, based on 4 opinions in the last 12 months.
Experts generally agree that Rio Tinto (RIO-N) has a strong foundation with good cash flow, a reasonable development pipeline, and a strong presence in the iron and copper businesses. However, there is concern about its near-term performance due to perceived weaknesses in China's economy. Despite this, the company is seen as a low-cost leader in the iron ore space with potential for growth in its copper assets. Overall, there is a consensus that Rio Tinto is a solid investment with potential upside in the future.
Low-cost leader in the iron ore space, with copper assets and a nice distribution.
It's trading as if iron ore were at $60, so the stock is overly discounted. Pays a huge 7.2% dividend, which pays you a lot alone. Upside is ahead.
Mainly iron ore, but also copper. Good assets in a lower cost jurisdiction. World-class. Variable dividend based on earnings. Tons of free cashflow. Looking to expand copper, a big growth driver for the next decade. Still cheap. Lots of years left for good returns in the sector.
A UK company, leveraged to the China reopening and shares are cheap.
It has pulled back recently so you could buy it here. He likes the dividend and its participation in commodity prices. We are in a commodity cycle.
Rio Tinto is a American stock, trading under the symbol RIO-N on the New York Stock Exchange (RIO). It is usually referred to as NYSE:RIO or RIO-N
In the last year, 5 stock analysts published opinions about RIO-N. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rio Tinto.
Rio Tinto was recommended as a Top Pick by on . Read the latest stock experts ratings for Rio Tinto.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Rio Tinto In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Rio Tinto (RIO-N) stock closed at a price of $63.24.
Is struggling given perceived weakness of China's economy. He's owned this a long time and won't sell it. RIO generates a lot of free cash, has a reasonable development pipeline, a great iron business and a good copper business. But traders may see near-term weakness given China's outlook.