Rallies in Rio Tinto, South32 Seen Running Out of Steam -- Market Talk

Dow Jones06-16

2347 GMT - Macquarie downgrades both Rio Tinto and South32 to neutral from outperform, citing recent share gains. Still, the bank raises its price targets on both stocks and continues to prefer Rio Tinto to peer BHP. "We see EPS upgrades across our coverage, owing to stronger coal and base metal prices," Macquarie says. It adds that "sectoral rotations and the upstream AI thematic" may still favor the sector's largest stocks. Rio Tinto is up 29% year to date at A$189.31. Macquarie increases its target by 1.1% to A$188.00. South32 is up 26% year to date at A$4.47. Macquarie's target rises by 2.2% to A$4.60. The bank keeps a neutral rating on BHP and raises its target by 5.7% to A$56.00. BHP is up 43% year to date at A$65.18. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

June 15, 2026 19:47 ET (23:47 GMT)

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It adds that \"sectoral rotations and the upstream AI thematic\" may still favor the sector's largest stocks. Rio Tinto is up 29% year to date at A$189.31. Macquarie increases its target by 1.1% to A$188.00. South32 is up 26% year to date at A$4.47. Macquarie's target rises by 2.2% to A$4.60. The bank keeps a neutral rating on BHP and raises its target by 5.7% to A$56.00. BHP is up 43% year to date at A$65.18. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 19:47 ET (23:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rallies in Rio Tinto, South32 Seen Running Out of Steam -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRallies in Rio Tinto, South32 Seen Running Out of Steam -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-16 07:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2347 GMT - <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> downgrades both <a href=\"https://laohu8.com/S/RTNTF\">Rio Tinto</a> and South32 to neutral from outperform, citing recent share gains. Still, the bank raises its price targets on both stocks and continues to prefer <a href=\"https://laohu8.com/S/RIO.AU\">Rio Tinto</a> to peer BHP. \"We see EPS upgrades across our coverage, owing to stronger coal and base metal prices,\" Macquarie says. It adds that \"sectoral rotations and the upstream AI thematic\" may still favor the sector's largest stocks. Rio Tinto is up 29% year to date at A$189.31. Macquarie increases its target by 1.1% to A$188.00. South32 is up 26% year to date at A$4.47. Macquarie's target rises by 2.2% to A$4.60. The bank keeps a neutral rating on BHP and raises its target by 5.7% to A$56.00. BHP is up 43% year to date at A$65.18. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 15, 2026 19:47 ET (23:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2643784516","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2643784516","pubTimestamp":1781567220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2347 GMT - Macquarie downgrades both Rio Tinto and South32 to neutral from outperform, citing recent share gains. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7511":"ESG概念","BK7095":"多种金属与采矿","BHP":"必和必拓公司","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","BK4588":"碎股","S32.AU":"SOUTH32 LTD","BK4585":"ETF&股票定投概念","BK4168":"多种金属与采矿","BHP.AU":"BHP GROUP LTD","RIO.AU":"力拓","RIO":"力拓","BK7507":"资源股","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC"},"translate_title":"力拓(Rio Tinto)和South32的反弹似乎已经失去动力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO":0.9,"S32.AU":0.9,"BHP":0.9,"BHP.AU":0.9,"RIO.AU":0.9},"content_text":"2347 GMT - Macquarie downgrades both Rio Tinto and South32 to neutral from outperform, citing recent share gains. Still, the bank raises its price targets on both stocks and continues to prefer Rio Tinto to peer BHP. \"We see EPS upgrades across our coverage, owing to stronger coal and base metal prices,\" Macquarie says. It adds that \"sectoral rotations and the upstream AI thematic\" may still favor the sector's largest stocks. Rio Tinto is up 29% year to date at A$189.31. Macquarie increases its target by 1.1% to A$188.00. South32 is up 26% year to date at A$4.47. Macquarie's target rises by 2.2% to A$4.60. The bank keeps a neutral rating on BHP and raises its target by 5.7% to A$56.00. BHP is up 43% year to date at A$65.18. 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