Rinker (RIN) Stock Tip

Macquarie Research Equities (MRE) have retained their Outperform recommendation for Rinker (RIN) with a 12 month price target of $24.50. MRE believes that Rinker "continues to offer good upside to investors. MRE think there is earnings upside risk to the markets numbers and mid-year price increases will significantly help in ensuring upgrades come through. Capital management or a large acquisition will also drive positive sentiment." Rinker shares are listed on the Australian Stock Exchange (ASX) under stock code RIN. Check your charts.