Home » Reports » Broker Ratings » Rio Tinto plc 7.7% Potential Upside Indicated by Deutsche Bank

Rio Tinto plc 7.7% Potential Upside Indicated by Deutsche Bank

Rio Tinto plc with EPIC/TICKER (LON:RIO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 5200 GBX on its stock. This would imply the analyst believes there is now a potential upside of 7.7% from today’s opening price of 4830 GBX. Over the last 30 and 90 trading days the company share price has increased 243 points and increased 115 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 4,697.44 GBX and the 200 Day Moving Average price is recorded at 4,238.76. There are currently 1,259,672,550 shares in issue with the average daily volume traded being 3,539,542. Market capitalisation for LON:RIO is £60,779,200,537 GBP.