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Rio Tinto plc (RIO) Reaches $59.08 52-Week High; Vivint Solar, Inc. (VSLR) Covered By 3 Bulls

Rio Tinto plc (NYSE:RIO) Logo

Among 8 analysts covering Vivint Solar (NYSE:VSLR), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Vivint Solar had 21 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained the stock with “Hold” rating in Friday, April 7 report. The company was maintained on Wednesday, March 9 by Deutsche Bank. The stock of Vivint Solar, Inc. (NYSE:VSLR) has “Underperform” rating given on Wednesday, April 20 by Bank of America. The rating was initiated by JMP Securities with “Mkt Perform” on Thursday, September 8. The firm has “Buy” rating by Deutsche Bank given on Friday, May 27. The rating was downgraded by JMP Securities on Thursday, November 10 to “Market Perform”. The firm earned “Hold” rating on Wednesday, August 9 by Deutsche Bank. The stock of Vivint Solar, Inc. (NYSE:VSLR) has “Outperform” rating given on Tuesday, August 9 by Oppenheimer. The stock has “Market Perform” rating by Northland Capital on Tuesday, July 21. The stock of Vivint Solar, Inc. (NYSE:VSLR) earned “Perform” rating by Oppenheimer on Tuesday, June 21. See Vivint Solar, Inc. (NYSE:VSLR) latest ratings:

08/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $5 New Target: $5.5 Maintain
18/01/2018 Broker: Guggenheim Rating: Hold Downgrade

The stock of Rio Tinto plc (NYSE:RIO) hit a new 52-week high and has $64.40 target or 9.00% above today’s $59.08 share price. The 9 months bullish chart indicates low risk for the $102.22B company. The 1-year high was reported on May, 16 by Barchart.com. If the $64.40 price target is reached, the company will be worth $9.20 billion more. The stock increased 2.71% or $1.56 during the last trading session, reaching $59.08. About 1.24 million shares traded. Rio Tinto plc (NYSE:RIO) has risen 26.00% since May 16, 2017 and is uptrending. It has outperformed by 14.45% the S&P500.

Among 23 analysts covering Rio Tinto (NYSE:RIO), 10 have Buy rating, 4 Sell and 9 Hold. Therefore 43% are positive. Rio Tinto has $75.0 highest and $14 lowest target. $51.50’s average target is -12.83% below currents $59.08 stock price. Rio Tinto had 55 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies maintained the shares of RIO in report on Thursday, August 31 with “Buy” rating. On Monday, November 13 the stock rating was downgraded by JP Morgan to “Neutral”. Cowen & Co maintained Rio Tinto plc (NYSE:RIO) on Thursday, July 13 with “Hold” rating. The firm has “Sell” rating given on Thursday, October 29 by Liberum Capital. The company was upgraded on Tuesday, June 28 by Morgan Stanley. The stock of Rio Tinto plc (NYSE:RIO) has “Outperform” rating given on Friday, April 21 by BNP Paribas. The rating was downgraded by Citigroup on Tuesday, October 17 to “Hold”. The company was initiated on Tuesday, February 9 by RBC Capital Markets. J.P. Morgan downgraded Rio Tinto plc (NYSE:RIO) on Monday, November 13 to “Hold” rating. The company was downgraded on Tuesday, August 15 by RBC Capital Markets.

Rio Tinto plc, a mining and metals company, finds, mines, processes, and markets mineral resources. The company has market cap of $102.22 billion. 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 12.13 P/E ratio. The Company’s products also comprise others, such as sulphuric acid, rhenium, lead carbonate, and selenium.

More notable recent Rio Tinto plc (NYSE:RIO) news were published by: Seekingalpha.com which released: “BHP, Rio Tinto run higher as iron ore prices rise” on May 14, 2018, also Streetinsider.com with their article: “Australia’s trade minister says China ties a priority after recent ‘differences'” published on May 16, 2018, Investingnews.com published: “Rio Tinto, Alcoa and Apple Team Up for Green Aluminum Smelting” on May 14, 2018. More interesting news about Rio Tinto plc (NYSE:RIO) were released by: Seekingalpha.com and their article: “Alcoa, Rio Tinto to launch first carbon-free aluminum smelting process” published on May 10, 2018 as well as Streetinsider.com‘s news article titled: “Russia’s Alrosa sees rosy prospects from colorful diamonds” with publication date: May 16, 2018.

Investors sentiment decreased to 1.25 in 2017 Q4. Its down 0.40, from 1.65 in 2017Q3. It fall, as 7 investors sold Vivint Solar, Inc. shares while 17 reduced holdings. 8 funds opened positions while 22 raised stakes. 106.38 million shares or 0.36% more from 106.00 million shares in 2017Q3 were reported. Neuberger Berman Group Limited Com accumulated 135,435 shares. Mitchell Cap Management Co has 0.01% invested in Vivint Solar, Inc. (NYSE:VSLR). Cacti Asset Limited Liability Company holds 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR) for 10,000 shares. 12,087 are owned by Wells Fargo Mn. State Street invested in 389,980 shares. One Trading Ltd Partnership owns 99 shares. 400 were reported by Benjamin F Edwards Co. Bnp Paribas Arbitrage reported 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR). Fmr Limited Liability Company has invested 0% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR). Zurcher Kantonalbank (Zurich Cantonalbank) reported 14,779 shares. Raymond James Financial Svcs Advisors holds 74,414 shares. Omers Administration holds 0% or 42,100 shares. Vanguard Group reported 2.64 million shares stake. Dimensional Fund Advisors L P invested in 0% or 60,089 shares. Blackstone Gru Limited Partnership stated it has 1.36% of its portfolio in Vivint Solar, Inc. (NYSE:VSLR).

The stock decreased 1.79% or $0.07 during the last trading session, reaching $4.12. About 134,689 shares traded. Vivint Solar, Inc. (NYSE:VSLR) has risen 38.89% since May 16, 2017 and is uptrending. It has outperformed by 27.34% the S&P500.

Vivint Solar, Inc. provides distributed solar energy to residential, commercial, and industrial clients in the United States. The company has market cap of $475.73 million. It operates through two divisions, Residential, and Commercial and Industrial. It has a 2.33 P/E ratio. The firm installs and owns solar energy systems through long-term customer contracts.

Vivint Solar, Inc. (NYSE:VSLR) Institutional Positions Chart

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