Rio Tinto plc with ticker (LON:RIO) now has a potential upside of 9.8% according to Deutsche.
Deutsche set a target price of 6,000 GBX for the company, which when compared to the Rio Tinto plc share price of 5,462 GBX at opening today (26/04/2024) indicates a potential upside of 9.8%. Trading has ranged between 4,510 (52 week low) and 5,910 (52 week high) with an average of 2,970,233 shares exchanging hands daily. The market capitalisation at the time of writing is £117,140,517,759.
Rio Tinto plc is a United Kingdom-based mining and metals company. The Company operates in 35 countries where it produces iron ore, copper, aluminum, critical minerals and other materials needed for the global energy transition. Its segments include Iron Ore, Aluminum, Copper, and Minerals. Iron Ore segment is engaged in mining and salt and gypsum production in Western Australia. Aluminum segment is engaged in bauxite mining, alumina refining, and aluminum smelting. Copper segment is engaged in mining and refining of copper, gold, silver, molybdenum, other by-products and exploration activities which is the responsibility of the Copper product Company chief executive. Minerals segment includes businesses with products such as borates, titanium dioxide feedstock together with the iron ore company of Canada (iron ore mining and iron concentrate/pellet production). It also includes diamond mining, sorting and marketing and development projects for battery minerals, such as lithium.
Rio Tinto plc 9.8% potential upside indicated by Deutsche
- Written by: Charlotte Edwards
Latest Company News
Rio Tinto PLC reported a 9% increase in underlying EBITDA to $25.4 billion for 2025, supported by an 8% rise in copper equivalent production and record iron ore output from Pilbara.
Isabelle Deschamps will depart Rio Tinto in 2026 after serving as Chief Legal, Governance & Corporate Affairs Officer since 2021. The company said she will stay through at least mid-2026 to support leadership transition planning.
Rio Tinto delivered strong fourth quarter and full year 2025 production results, with copper equivalent output up 8% year-on-year.
Glencore has confirmed it is in early-stage discussions with Rio Tinto regarding a potential combination of some or all of their businesses, which could include an all-share merger.
Rio Tinto has released initial Mineral Resources and Ore Reserves for seven lithium assets acquired through the Arcadium Lithium purchase.
Rio Tinto has announced several Board changes effective 23 October 2025, marking the end of its transitional phase.
