Rio Tinto Plc – Consensus Indicates Potential -1.8% Downside

Broker Ratings
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Rio Tinto Plc with ticker code (RIO) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 85 and 65 and has a mean target at 72.67. With the stocks previous close at 74.03 this would indicate that there is a downside of -1.8%. There is a 50 day moving average of 67.27 while the 200 day moving average is 75.78. The company has a market cap of $121,597m. You can visit the company’s website by visiting: https://www.riotinto.com

The potential market cap would be $119,363m based on the market concensus.

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.

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