Rio Tinto Plc – Consensus Indicates Potential 12.7% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 93 and 68 calculating the average target price we see 84.33. Now with the previous closing price of 74.84 this is indicating there is a potential upside of 12.7%. The 50 day moving average now sits at 75.92 and the 200 day MA is 73.78. The market capitalisation for the company is $122,229m. Find out more information at: https://www.riotinto.com

The potential market cap would be $137,728m 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. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

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