3 days Ago By ABMN Staff
Shares of Rio Tinto Group ( LON:RIO – Get Free Report ) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 6,338.
33 ($80.34). A number of research analysts have commented on RIO shares.
Deutsche Bank Aktiengesellschaft decreased their price objective on Rio Tinto Group from GBX 6,200 ($78.59) to GBX 6,000 ($76.06) and set a “buy” rating on the stock in a research report on Monday, September 9th.
Berenberg Bank restated a “buy” rating and issued a GBX 6,200 ($78.59) price objective on shares of Rio Tinto Group in a research report on Tuesday, October 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a GBX 5,700 ($72.
25) price target on shares of Rio Tinto Group in a research note on Thursday, August 1st. Finally, JPMorgan Chase & Co. decreased their price objective on Rio Tinto Group from GBX 6,500 ($82.
39) to GBX 6,430 ($81.51) and set an “overweight” rating for the company in a report on Thursday, August 1st. Check Out Our Latest Stock Report on Rio Tinto Group Insider Activity Rio Tinto Group Trading Up 1.
3 % Shares of RIO opened at GBX 4,866 ($61.68) on Friday. Rio Tinto Group has a 52-week low of GBX 4,509 ($57.
16) and a 52-week high of GBX 5,910 ($74.91). The stock has a fifty day moving average price of GBX 4,955.
96 and a two-hundred day moving average price of GBX 5,127.26. The company has a debt-to-equity ratio of 25.
01, a quick ratio of 1.34 and a current ratio of 1.70.
The company has a market cap of £60.83 billion, a price-to-earnings ratio of 965.48, a PEG ratio of -0.
64 and a beta of 0.59. Rio Tinto Group Company Profile ( Get Free Report Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide.
The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.
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