Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at RBC Capital Markets. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. RBC Capital Markets have set a target price of 3600 GBX on its stock. This would imply the analyst believes there is a potential downside of -20.7% from today’s opening price of 4540 GBX. Over the last 30 and 90 trading days the company share price has increased 270.5 points and increased 1212 points respectively. The 52 week high for the stock is 5039 GBX while the year low share price is currently 2954 GBX.
Rio Tinto plc has a 50 day moving average of 4,125.20 GBX and a 200 day moving average of 4,154.72. There are currently 1,246,691,016 shares in issue with the average daily volume traded being 3,215,375. Market capitalisation for LON:RIO is £56,119,796,085 GBP.
