Rio Tinto plc 4% Potential Upside Indicated by Credit Suisse

Broker Ratings
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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 Credit Suisse. Rio Tinto plc are listed in the Basic Materials sector within UK Main Market. Credit Suisse have set their target price at 4000 GBX on its stock. This indicates the analyst now believes there is a potential upside of 4.0% from the opening price of 3844.5 GBX. Over the last 30 and 90 trading days the company share price has increased 595.5 points and decreased 594.5 points respectively. The 52 week high share price is 5039 GBX while the year low stock price is currently 2954 GBX.

Rio Tinto plc has a 50 day moving average of 3,886.72 GBX and a 200 day moving average of 4,246.77. There are currently 1,246,679,820 shares in issue with the average daily volume traded being 6,045,354. Market capitalisation for LON:RIO is £47,429,933,751 GBP.

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