Home » USA Broker Ratings » Rio Tinto Plc – Consensus Indicates Potential -4.0% Downside

Rio Tinto Plc – Consensus Indicates Potential -4.0% Downside

Rio Tinto Plc with ticker code (RIO) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 81.15 and 37.89 with the average target price sitting at 58.45. Given that the stocks previous close was at 60.89 this would indicate that there is a downside of -4.0%. The 50 day moving average now sits at 61.88 while the 200 day moving average is 53.28. The company has a market capitalisation of $79,714m. 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.

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