Rio Tinto plc (ADR) (NYSE:RIO) fell -0.91% during previous trade. CLSA issued rating on the stock of Brocade Communications Systems, Inc. (NASDAQ:BRCD) in a research note issued to investors on Apr-07-17, the stock received “Upgrade” rating from Outperform to Buy. Additionally Credit Suisse issued their verdict on the stock of the company, on record date of Dec-07-17 the stock was “Upgraded” from Neutral to Outperform besides that on Dec-05-16 Brocade Communications Systems, Inc. (NASDAQ:BRCD) was “Upgraded” by Citigroup from Sell to Neutral. Furthermore on Nov-10-16 the stock was “Reiterated” by Cowen as Market Perform from $35 to $42.
Rio Tinto plc (ADR) (NYSE:RIO) shares ended last trading session at the price of $40.61 whereas a number of traders indicating mean target price will hit $47.88 over the next twelve months, mean value of price target most recently revised on 04/04/17. Rio Tinto plc (ADR) (NYSE:RIO)’s highest estimates of price target are $60.22 and low forecast is $88.75 based on the opinion of 5 analysts. The price target estimates represents a standard deviation of 3.63. However brokerage recommendations suggests an ABR of 2 based on calls of 7 experts, where 4 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 2 suggest Hold, 1 are rating the stock as Sell while 0 as Strong Sell.
The stock exchanged hands 3.31M shares versus average trading capacity of 4.13M shares, while its shares’ total market worth is $74.65B along with 1.38B outstanding shares. Rio Tinto plc (ADR) (NYSE:RIO) shares were trading -11.38% below from the 52-week high price mark of $45.83 and +57.64% above from the 52-week price bottom of $25.76. However the company observed 52 week high price on 02/13/17 and witnessed 52 week low price on 06/14/16. The company’s price sits -3.64% below from its 50-day moving average of $41.47 and 13.17% far from the stock’s 200-day moving average which is $39.21. Rio Tinto plc (ADR) (NYSE:RIO)’s price to sales ratio for trailing twelve month stands at 2.24, whereas its price to book ratio for most recent quarter sits at 1.86. However the company’s price to cash per share for most recent quarter stands at 8.84. Its price to free cash flow for trailing twelve months is 27.75.