|Bid||5,042.00 x 0|
|Ask||5,042.00 x 0|
|Day's range||5,002.00 - 5,090.00|
|52-week range||4,252.50 - 6,876.26|
|Beta (5Y monthly)||0.62|
|PE ratio (TTM)||5.97|
|Earnings date||28 July 2021|
|Forward dividend & yield||4.92 (9.63%)|
|Ex-dividend date||12 Aug 2021|
|1y target est||56.75|
MELBOURNE, Australia, October 14, 2021--Rio Tinto Chief Executive Jakob Stausholm, said: "The third quarter has demonstrated the resilience of our people in dealing with ongoing COVID-19 challenges. It has been another difficult quarter operationally and despite improving versus the prior quarter, we recognise the opportunity to raise our performance. We have consequently modestly adjusted our guidance.
Cowen is out very bullish on one heavy equipment maker. Here's why.
Matt Elkott, equity research analyst at Cowen covering diversified industrials and transportation OEMs, discusses his initiation of Caterpillar, including why he is projecting the industrial’s first megacycle in 14 years.