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Rio Tinto plc 1.2% Potential Decrease Indicated by Credit Suisse

Rio Tinto plc with EPIC/TICKER (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Credit Suisse. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Credit Suisse have set their target price at 4340 GBX on its stock. This now indicates the analyst believes there is a potential downside of -1.2% from the opening price of 4394.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 308 points and increased 94.5 points respectively. The 1 year high for the share price is 4790.5 GBX while the 52 week low is 3460 GBX.

Rio Tinto plc has a 50 day moving average of 4,471.18 GBX and a 200 day moving average of 4,034.54. There are currently 1,262,623,106 shares in issue with the average daily volume traded being 3,254,195. Market capitalisation for LON:RIO is £55,757,436,360 GBP.