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Rio Tinto plc 13.7% Potential Upside Indicated by Jefferies International

Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Jefferies International have set their target price at 4700 GBX on its stock. This would imply the analyst believes there is now a potential upside of 13.7% from today’s opening price of 4135.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 153 points and decreased 704.5 points respectively. The 1 year high share price is 5039 GBX while the 52 week low is 3489 GBX.

Rio Tinto plc has a 50 day moving average of 4,194.19 GBX and a 200 day moving average of 4,425.67. There are currently 1,253,562,477 shares in issue with the average daily volume traded being 3,288,877. Market capitalisation for LON:RIO is £51,853,611,861 GBP.