Home » Reports » Broker Ratings » Rio Tinto plc 6% Potential Decrease Indicated by Societe Generale

Rio Tinto plc 6% Potential Decrease Indicated by Societe Generale

Rio Tinto plc using EPIC/TICKER code (LON:RIO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Societe Generale. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Societe Generale have set a target price of 4100 GBX on its stock. This now indicates the analyst believes there is a potential downside of -6.0% from the opening price of 4360 GBX. Over the last 30 and 90 trading days the company share price has increased 193.5 points and increased 60 points respectively. The 1 year high stock price is 5039 GBX while the year low stock price is currently 3587 GBX.

Rio Tinto plc has a 50 day moving average of 4,199.17 GBX and a 200 day moving average of 4,428.98. There are currently 1,250,299,493 shares in issue with the average daily volume traded being 2,699,086. Market capitalisation for LON:RIO is £55,538,303,479 GBP.

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