Rio Tinto Plc – Consensus Indicates Potential 25.6% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 90 and 53.56 calculating the mean target price we have 75.64. Now with the previous closing price of 60.2 this indicates there is a potential upside of 25.6%. There is a 50 day moving average of 62.3 and the 200 moving average now moves to 69.12. The company has a market cap of $94,820m. Company Website: https://www.riotinto.com

The potential market cap would be $119,139m 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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