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Rio Tinto plc 15.4% Potential Upside Indicated by UBS

Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘BUY’ this morning by analysts at UBS. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. UBS have set their target price at 4500 GBX on its stock. This indicates the analyst now believes there is a potential upside of 15.4% from the opening price of 3900 GBX. Over the last 30 and 90 trading days the company share price has increased 125 points and increased 210.5 points respectively. The 1 year high for the stock price is 4541 GBX while the 52 week low for the stock is 3460 GBX.

Rio Tinto plc has a 50 day moving average of 3,798.74 GBX and the 200 Day Moving Average price is recorded at 3,951.79. There are currently 1,274,211,773 shares in issue with the average daily volume traded being 4,092,931. Market capitalisation for LON:RIO is £50,019,183,149 GBP.