Home » Reports » Broker Ratings » Rio Tinto plc 11.7% Potential Upside Indicated by Deutsche Bank

Rio Tinto plc 11.7% Potential Upside Indicated by Deutsche Bank

Rio Tinto plc with EPIC/TICKER (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today 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 4400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 11.7% from today’s opening price of 3938.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 325 points and decreased 897.5 points respectively. The 1 year high for the stock price is 5039 GBX while the 52 week low for the stock is 3489 GBX.

Rio Tinto plc has a 50 day moving average of 4,177.26 GBX and a 200 Day Moving Average share price is recorded at 4,432.00. There are currently 1,253,086,555 shares in issue with the average daily volume traded being 3,359,251. Market capitalisation for LON:RIO is £49,697,412,771 GBP.