Home » Reports » Broker Ratings » Rio Tinto plc 1.9% Potential Decrease Indicated by Deutsche Bank

Rio Tinto plc 1.9% Potential Decrease Indicated by Deutsche Bank

Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 4450 GBX on its stock. This is indicating the analyst believes there is a potential downside of -1.9% from the opening price of 4536 GBX. Over the last 30 and 90 trading days the company share price has increased 279.5 points and increased 400.5 points respectively. The 1 year high for the stock price is 5039 GBX while the 52 week low is 3750 GBX.

Rio Tinto plc has a 50 day moving average of 4,352.72 GBX and the 200 Day Moving Average price is recorded at 4,446.67. There are currently 13,324,312,541 shares in issue with the average daily volume traded being 2,511,749. Market capitalisation for LON:RIO is £56,061,857,247 GBP.

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