Rio Tinto Plc – Consensus Indicates Potential 26.1% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) now have 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 90 and 53.56 with the average target price sitting at 75.64. Now with the previous closing price of 59.98 this would indicate that there is a potential upside of 26.1%. The day 50 moving average is 62.65 and the 200 day MA is 69.15. The market cap for the company is $98,219m. You can visit the company’s website by visiting: https://www.riotinto.com

The potential market cap would be $123,862m 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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