Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 4600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 2.2% from today’s opening price of 4500 GBX. Over the last 30 and 90 trading days the company share price has increased 786.5 points and increased 1110 points respectively. The 1 year high for the share price is 5039 GBX while the year low share price is currently 2954 GBX.
Rio Tinto plc has a 50 day moving average of 4,039.97 GBX and a 200 Day Moving Average share price is recorded at 4,146.31. There are currently 1,246,691,016 shares in issue with the average daily volume traded being 3,038,506. Market capitalisation for LON:RIO is £56,425,235,384 GBP.