Rio Tinto Plc found using ticker (RIO) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 93 and 53.56 calculating the mean target price we have 76.39. Given that the stocks previous close was at 59.49 this would indicate that there is a potential upside of 28.4%. The day 50 moving average is 67.95 while the 200 day moving average is 70.26. The company has a market capitalisation of $95,788m. Find out more information at: https://www.riotinto.com
The potential market cap would be $123,000m 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.