UBS has a Buy 2 on Rio Tinto Limited with a Target of $75 Recommendation

Submitted by Craig Strzelecki on 19 January, 2006 - 22:47

Have a look at your charts! Rio Tinto [RIO] Limited is at $72.50 rising $2.25 today as a result of their release of a strong December 2005 quarter production result. The quarter continued the strong operational performance seen in the first 9 months of 2005. UBS values Rio Tino at A$51.21 (DCF, 10% d.r)using [DCF = Discounted Cash Flow Analysis]