Home » Reports » Broker Ratings » Rio Tinto plc 11.5% Potential Upside Indicated by JP Morgan Cazenove

Rio Tinto plc 11.5% Potential Upside Indicated by JP Morgan Cazenove

Rio Tinto plc with EPIC/TICKER (LON:RIO) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set a target price of 4850 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.5% from the opening price of 4350.5 GBX. Over the last 30 and 90 trading days the company share price has increased 184 points and increased 70.5 points respectively. The 1 year high for the stock price is 5039 GBX while the 52 week low is 3587 GBX.

Rio Tinto plc has a 50 day moving average of 4,207.80 GBX and a 200 Day Moving Average share price is recorded at 4,430.55. There are currently 1,250,290,799 shares in issue with the average daily volume traded being 2,659,790. Market capitalisation for LON:RIO is £55,231,596,045 GBP.

Join us on our new LinkedIn page

Follow us on LinkedIn