Rio Tinto plc 3.8% Potential Upside Indicated by Goldman Sachs

Broker Ratings

Rio Tinto plc using EPIC/TICKER code (LON:RIO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set their target price at 4100 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 3.8% from the opening price of 3948.5 GBX. Over the last 30 and 90 trading days the company share price has increased 125 points and increased 223 points respectively. The 52 week high for the stock is 4541 GBX while the year low share price is currently 3460 GBX.

Rio Tinto plc has a 50 day moving average of 3,798.32 GBX and a 200 day moving average of 3,951.05. There are currently 1,274,513,106 shares in issue with the average daily volume traded being 4,036,514. Market capitalisation for LON:RIO is £49,776,109,354 GBP.

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