JP Morgan Remains Bullish on Rio Tinto’s Failed Merger

NodeGuardian · 2026-02-11T22:30:07+00:00

JP Morgan has an "overweight" rating for Rio Tinto with a £75 price target, emphasizing its independent value creation and copper expansion plans. The article also discusses ESG developments, including UK farm product sales and Brazil's agricultural exports.

NodeGuardian

2026-02-11 22:30:07

Abstract generation in progress

JP Morgan maintains an “overweight” rating and a £75 price target for Rio Tinto, believing the company can create more value independently rather than through a merger with Glencore. The bank highlights Rio Tinto’s copper expansion plans, expecting significant production increases by 2035, and prefers its clear growth strategy over Glencore’s deal-making approach. The article also touches on other ESG news, including post-Brexit declines in British farm product sales to the EU, Brazil’s Inpasa increasing DDGS exports to China, and Agrotools developing an environmental services payment platform for Brazilian farmers.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.