Home » Reports » Broker Ratings » Rio Tinto plc 19.3% Potential Upside Indicated by DZ Bank

Rio Tinto plc 19.3% Potential Upside Indicated by DZ Bank

Rio Tinto plc with EPIC/TICKER (LON:RIO) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at DZ Bank. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. DZ Bank have set their target price at 5100 GBX on its stock. This indicates the analyst now believes there is a potential upside of 19.3% from the opening price of 4274.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 527.5 points and decreased 120.5 points respectively. The 1 year high stock price is 5039 GBX while the 52 week low for the stock is 3460 GBX.

Rio Tinto plc has a 50 day moving average of 4,772.09 GBX and the 200 Day Moving Average price is recorded at 4,335.77. There are currently 1,257,259,355 shares in issue with the average daily volume traded being 3,434,581. Market capitalisation for LON:RIO is £53,904,994,845 GBP.