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Rio Tinto plc 2.3% Potential Upside Indicated by UBS

Rio Tinto plc with EPIC/TICKER (LON:RIO) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ 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 would imply the analyst believes there is now a potential upside of 2.3% from today’s opening price of 4398 GBX. Over the last 30 and 90 trading days the company share price has decreased 568.5 points and decreased 15.5 points respectively. The 1 year high for the share 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 4,785.91 GBX and the 200 Day Moving Average price is recorded at 4,329.06. There are currently 1,257,826,441 shares in issue with the average daily volume traded being 3,429,907. Market capitalisation for LON:RIO is £55,589,639,559 GBP.