Rio Tinto Plc – Consensus Indicates Potential 15.6% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) have now 4 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 94 and 53.56 calculating the mean target price we have 78.64. Given that the stocks previous close was at 68.04 this is indicating there is a potential upside of 15.6%. The day 50 moving average is 72.33 and the 200 moving average now moves to 70.96. The market capitalisation for the company is $107,390m. Company Website: https://www.riotinto.com

The potential market cap would be $124,120m 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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