Rio Tinto Plc with ticker code (RIO) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 69.32 and 37.89 and has a mean target at 54.85. Now with the previous closing price of 55.8 this now indicates there is a potential downside of -1.7%. The 50 day moving average now sits at 53.95 while the 200 day moving average is 51.65. The market capitalisation for the company is $93,545m. You can visit the company’s website by visiting: http://www.riotinto.com
Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminum, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminum smelting; bauxite mining; alumina refining; and ilmenite, rutile, and zircon mining, as well as provision of gypsum. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.