Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ 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 4550 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 29.3% from the opening price of 3518 GBX. Over the last 30 and 90 trading days the company share price has decreased 722.5 points and decreased 732 points respectively. The 52 week high for the share price is currently at 5039 GBX while the 52 week low is 3473 GBX.
Rio Tinto plc has a 50 day moving average of 4,386.68 GBX and the 200 Day Moving Average price is recorded at 4,399.78. There are currently 1,246,374,573 shares in issue with the average daily volume traded being 3,039,341. Market capitalisation for LON:RIO is £44,065,573,028 GBP.
