Rio Tinto Plc – Consensus Indicates Potential 13.7% Upside

Broker Ratings
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Rio Tinto Plc with ticker code (RIO) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 94 and 53.56 calculating the mean target price we have 78.39. With the stocks previous close at 68.97 this now indicates there is a potential upside of 13.7%. There is a 50 day moving average of 76.84 and the 200 day MA is 72.46. The company has a market capitalisation of $110,303m. Find out more information at: https://www.riotinto.com

The potential market cap would be $125,368m 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 lithium. 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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