Home » Reports » Rio Tinto plc 19.6% Potential Upside Indicated by Jefferies International

Rio Tinto plc 19.6% Potential Upside Indicated by Jefferies International

Rio Tinto plc with EPIC/TICKER (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ 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 a target price of 5400 GBX on its stock. This indicates the analyst now believes there is a potential upside of 19.6% from the opening price of 4515 GBX. Over the last 30 and 90 trading days the company share price has decreased 47.5 points and increased 670.5 points respectively. The 1 year high share price is 4974.5 GBX while the year low share price is currently 2954 GBX.

Rio Tinto plc has a 50 day moving average of 4,299.01 GBX and a 200 day moving average of 4,171.70. There are currently 1,246,691,069 shares in issue with the average daily volume traded being 3,160,944. Market capitalisation for LON:RIO is £56,263,167,943 GBP.

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