Rio Tinto Plc – Consensus Indicates Potential 21.7% Upside

Broker Ratings
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Rio Tinto Plc with ticker code (RIO) have now 4 analysts in total covering the stock. The consensus rating is ‘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 64.42 this is indicating there is a potential upside of 21.7%. The 50 day moving average now sits at 75.27 and the 200 moving average now moves to 71.96. The company has a market capitalisation of $106,644m. Find out more information at: https://www.riotinto.com

The potential market cap would be $129,771m 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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