Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set their target price at 4300 GBX on its stock. This now indicates the analyst believes there is a possible upside of .5% from the opening price of 4279.5 GBX. Over the last 30 and 90 trading days the company share price has increased 519 points and increased 364.5 points respectively. The 1 year high for the share price is 5039 GBX while the 52 week low for the stock is 2954 GBX.
Rio Tinto plc has a 50 day moving average of 3,791.99 GBX and a 200 Day Moving Average share price is recorded at 4,121.06. There are currently 1,246,691,016 shares in issue with the average daily volume traded being 3,097,519. Market capitalisation for LON:RIO is £52,317,388,486 GBP.
