Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. JP Morgan Cazenove have set their target price at 5140 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.0% from today’s opening price of 4510 GBX. Over the last 30 and 90 trading days the company share price has increased 836 points and increased 1128 points respectively. The 52 week high share price is 5039 GBX while the 52 week low for the share price is 2954 GBX.
Rio Tinto plc has a 50 day moving average of 3,969.67 GBX and the 200 Day Moving Average price is recorded at 4,137.68. There are currently 1,246,691,016 shares in issue with the average daily volume traded being 2,956,060. Market capitalisation for LON:RIO is £57,048,580,892 GBP.
