Rio Tinto plc with EPIC/TICKER (LON:RIO) 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 their target price at 5670 GBX on its stock. This now indicates the analyst believes there is a possible upside of 18.1% from the opening price of 4801 GBX. Over the last 30 and 90 trading days the company share price has increased 280 points and increased 116 points respectively. The 1 year high share price is 5039 GBX while the 52 week low for the share price is 3460 GBX.
Rio Tinto plc has a 50 day moving average of 4,672.55 GBX and the 200 Day Moving Average price is recorded at 4,220.47. There are currently 1,260,041,189 shares in issue with the average daily volume traded being 3,524,557. Market capitalisation for LON:RIO is £60,393,774,188 GBP.
