Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 5000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.6% from the opening price of 4323.5 GBX. Over the last 30 and 90 trading days the company share price has increased 462.5 points and increased 523.5 points respectively. The 1 year high for the stock price is 4541 GBX while the 52 week low is 3460 GBX.
Rio Tinto plc has a 50 day moving average of 3,910.94 GBX and a 200 day moving average of 3,964.07. There are currently 1,270,338,597 shares in issue with the average daily volume traded being 4,122,048. Market capitalisation for LON:RIO is £54,770,648,609 GBP.
