Rio Tinto Plc – Consensus Indicates Potential 27.5% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) now have 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. Given that the stocks previous close was at 59.32 this is indicating there is a potential upside of 27.5%. There is a 50 day moving average of 63.84 and the 200 day moving average is 69.29. The company has a market cap of $98,353m. Company Website: https://www.riotinto.com

The potential market cap would be $125,412m 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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