Rio Tinto Plc – Consensus Indicates Potential -2.6% Downside

Broker Ratings

Rio Tinto Plc found using ticker (RIO) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 88.69 and 65 with a mean TP of 74.17. Given that the stocks previous close was at 76.16 this would indicate that there is a downside of -2.6%. The 50 day moving average now sits at 66.3 and the 200 day MA is 75.89. The company has a market capitalisation of $122,848m. Visit the company website at: https://www.riotinto.com

The potential market cap would be $119,638m based on the market concensus.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.

You might also enjoy reading  Rio Tinto completes sale of Cortez Gold royalty for $525 million

Good news travels fast (but only if you make that happen). Share on:

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index