Shares of Rio Tinto Group (LON:RIO – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 6,241.25 ($78.49).
A number of equities analysts recently weighed in on RIO shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 6,300 ($79.23) price objective on shares of Rio Tinto Group in a research report on Thursday, February 20th. Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a research note on Friday, December 6th. Jefferies Financial Group reissued a “buy” rating and set a GBX 6,400 ($80.48) target price on shares of Rio Tinto Group in a research note on Friday, December 6th. Finally, JPMorgan Chase & Co. reaffirmed a “not rated” rating on shares of Rio Tinto Group in a research report on Thursday, February 20th.
View Our Latest Analysis on Rio Tinto Group
Insider Activity
Rio Tinto Group Trading Down 0.5 %
Shares of RIO stock opened at GBX 4,794 ($60.29) on Monday. Rio Tinto Group has a 1-year low of GBX 4,509 ($56.70) and a 1-year high of GBX 5,854 ($73.62). The firm has a market cap of £100.60 billion, a PE ratio of 9.08, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company has a 50-day moving average of GBX 4,882.07 and a two-hundred day moving average of GBX 4,908.13. The company has a debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34.
About Rio Tinto Group
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