Rio Tinto PLC (LON:RIO) Stock Rating Reiterated by Analysts at Credit Suisse; The GBX 4300.00 Target Indicates 14.81% Potential; Lexington Realty Trust (LXP) Sellers Decreased By 7.1% Their Shorts

London: In analysts report shared with investors and clients on Tuesday, 13 March, Credit Suisse restate their “Outperform” rating on shares of Rio Tinto PLC (LON:RIO). They currently have a GBX 4300.00 target on the firm. Credit Suisse’s target would suggest a potential upside of 14.81% from the company’s last stock price.

Lexington Realty Trust (NYSE:LXP) had a decrease of 7.1% in short interest. LXP’s SI was 2.62 million shares in March as released by FINRA. Its down 7.1% from 2.82M shares previously. With 910,000 avg volume, 3 days are for Lexington Realty Trust (NYSE:LXP)’s short sellers to cover LXP’s short positions. The SI to Lexington Realty Trust’s float is 1.12%. The stock increased 0.87% or $0.07 during the last trading session, reaching $8.12. About 1.44 million shares traded or 22.94% up from the average. Lexington Realty Trust (NYSE:LXP) has risen 5.44% since March 13, 2017 and is uptrending. It has underperformed by 11.26% the S&P500.

Rio Tinto plc, a mining and metals company, finds, mines, processes, and markets mineral resources. The company has market cap of 65.34 billion GBP. 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 7.69 P/E ratio. The Company’s products also comprise others, such as sulphuric acid, rhenium, lead carbonate, and selenium.

The stock increased 0.86% or GBX 32 during the last trading session, reaching GBX 3745.5. About 813,794 shares traded. Rio Tinto plc (LON:RIO) has 0.00% since March 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 29 analysts covering Rio Tinto PLC (LON:RIO), 17 have Buy rating, 2 Sell and 10 Hold. Therefore 59% are positive. Rio Tinto PLC has GBX 4700 highest and GBX 3 lowest target. GBX 3398.81’s average target is -9.26% below currents GBX 3745.5 stock price. Rio Tinto PLC had 533 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, September 21. Canaccord Genuity maintained it with “Buy” rating and GBX 3360 target in Thursday, August 6 report. The rating was maintained by UBS on Friday, November 20 with “Buy”. Jefferies maintained the stock with “Buy” rating in Wednesday, October 18 report. The stock of Rio Tinto plc (LON:RIO) earned “Buy” rating by UBS on Tuesday, October 11. On Tuesday, January 12 the stock rating was maintained by Jefferies with “Buy”. The stock of Rio Tinto plc (LON:RIO) has “Outperform” rating given on Wednesday, July 19 by Macquarie Research. Deutsche Bank maintained Rio Tinto plc (LON:RIO) on Tuesday, September 8 with “Buy” rating. Bernstein maintained Rio Tinto plc (LON:RIO) rating on Thursday, January 21. Bernstein has “Outperform” rating and GBX 2520 target. The rating was maintained by JP Morgan on Thursday, July 20 with “Overweight”.

Lexington Realty Trust is a real estate investment trust. The company has market cap of $1.99 billion. The firm invests in real estate markets of the United States. It has a 24.61 P/E ratio. It owns a diversified portfolio of equity and debt investments in single tenant commercial properties.

Among 10 analysts covering Lexington Realty (NYSE:LXP), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Lexington Realty had 23 analyst reports since September 8, 2015 according to SRatingsIntel. Evercore downgraded Lexington Realty Trust (NYSE:LXP) on Monday, June 13 to “Hold” rating. Stifel Nicolaus maintained Lexington Realty Trust (NYSE:LXP) on Monday, September 18 with “Hold” rating. The company was downgraded on Monday, December 11 by Evercore. The stock has “Hold” rating by Jefferies on Monday, August 14. The rating was maintained by KeyBanc Capital Markets on Monday, October 23 with “Hold”. The rating was maintained by Evercore on Tuesday, September 8 with “Buy”. The firm earned “Hold” rating on Tuesday, November 28 by Ladenburg. The stock of Lexington Realty Trust (NYSE:LXP) has “Underweight” rating given on Monday, January 23 by Barclays Capital. As per Thursday, May 25, the company rating was upgraded by Evercore. Bank of America downgraded Lexington Realty Trust (NYSE:LXP) on Tuesday, March 29 to “Underperform” rating.

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