Rio Tinto Plc – Consensus Indicates Potential 28.9% Upside

Broker Ratings

Rio Tinto Plc found using ticker (RIO) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 94 and 53.56 with a mean TP of 78.64. With the stocks previous close at 61 this would imply there is a potential upside of 28.9%. There is a 50 day moving average of 69.03 and the 200 day MA is 70.44. The company has a market capitalisation of $96,955m. Company Website: https://www.riotinto.com

The potential market cap would be $124,992m based on the market concensus.

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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 lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

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