Broker Recommendations

Berenberg lowers target price on Rio Tinto following Q2 update

By Iain Gilbert

Date: Thursday 16 Jul 2026

(Sharecast News) - Analysts at Berenberg cut their price target on Rio Tinto from 8,200p to 8,100p on Thursday, saying higher‑than‑expected diesel costs in the Pilbara were likely to keep unit‑cost pressure elevated, while parts of the miner's Q2 production update pointed to downside risks in iron ore.
Berenberg said Rio...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page