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Rio Tinto plc 4.7% Potential Upside Indicated by Deutsche Bank

Rio Tinto plc with EPIC/TICKER (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set their target price at 5100 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.7% from the opening price of 4870 GBX. Over the last 30 and 90 trading days the company share price has decreased 7.5 points and increased 237 points respectively. The 1 year high for the share price is 5039 GBX while the 52 week low for the share price is 3460 GBX.

Rio Tinto plc has a 50 day moving average of 4,743.20 GBX and a 200 day moving average of 4,267.48. There are currently 1,259,435,528 shares in issue with the average daily volume traded being 3,334,581. Market capitalisation for LON:RIO is £60,774,061,403 GBP.