Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ 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 a target price of 5200 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15.0% from the opening price of 4520 GBX. Over the last 30 and 90 trading days the company share price has increased 253 points and increased 644.5 points respectively. The 1 year high share price is 4790.5 GBX while the year low stock price is currently 3460 GBX.
Rio Tinto plc has a 50 day moving average of 4,434.37 GBX and the 200 Day Moving Average price is recorded at 4,004.22. There are currently 1,263,857,449 shares in issue with the average daily volume traded being 3,889,601. Market capitalisation for LON:RIO is £57,044,205,960 GBP.
