Anand covers the Basic Materials sector, focusing on stocks such as PLS Group, BHP Group Ltd, and South32. According to TipRanks, Anand has an average return of 12.5% and a 54.89% success rate on recommended stocks.
In addition to Morgan Stanley, Rio Tinto Limited also received a Sell from RBC Capital’s Kaan Peker in a report issued on July 15. However, on July 16, Macquarie maintained a Hold rating on Rio Tinto Limited (Other OTC: RTNTF).
Based on Rio Tinto Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$31.33 billion and a net profit of A$5.54 billion. In comparison, last year the company earned a revenue of A$26.86 billion and had a net profit of A$5.74 billion
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RTNTF in relation to earlier this year.
