Home » Reports » Broker Ratings » Rio Tinto plc 17.6% Potential Upside Indicated by Deutsche Bank
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Rio Tinto plc 17.6% Potential Upside Indicated by Deutsche Bank

Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ 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 4600 GBX on its stock. This would imply the analyst believes there is now a potential upside of 17.6% from the opening price of 3911 GBX. Over the last 30 and 90 trading days the company share price has decreased 261.5 points and increased 391 points respectively. The 1 year high for the share price is 4226.56 GBX while the 52 week low for the stock is 39.2 GBX.

Rio Tinto plc has a 50 day moving average of 3,883.15 GBX and a 200 day moving average of 3,574.54. There are currently 1,804,426,133 shares in issue with the average daily volume traded being 3,873,699. Market capitalisation for LON:RIO is £70,580,128,192 GBP.

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