Currently viewing Global edition

Market consensus on iron ore "too negative" says Jefferies

While iron ore’s downward trajectory is a done deal for now, things might not get quite as bad as feared – and Rio Tinto stands to benefit, according to analysis by equity research house Jefferies.

Market consensus on iron ore "too negative" says Jefferies Market consensus on iron ore "too negative" says Jefferies Market consensus on iron ore "too negative" says Jefferies Market consensus on iron ore "too negative" says Jefferies Market consensus on iron ore "too negative" says Jefferies

Despite falling iron ore prices, in the medium term things might not be so bad, Jefferies has said

"The bearish consensus view on iron ore… is too bearish, in our view," said Jefferies analyst Christopher LaFemina in a note.

topics

loader