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Rio Tinto plc 1.7% Potential Decrease Indicated by UBS

Rio Tinto plc with EPIC/TICKER (LON:RIO) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ today by analysts at UBS. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. UBS have set a target price of 4100 GBX on its stock. This would indicate that the analyst believes there is a downside of -1.7% from today’s opening price of 4170 GBX. Over the last 30 and 90 trading days the company share price has increased 235.5 points and decreased 657 points respectively. The 1 year high stock price is 5039 GBX while the year low share price is currently 3489 GBX.

Rio Tinto plc has a 50 day moving average of 4,334.29 GBX and the 200 Day Moving Average price is recorded at 4,414.09. There are currently 1,254,631,564 shares in issue with the average daily volume traded being 3,217,670. Market capitalisation for LON:RIO is £52,907,813,053 GBP.