Rio Tinto Plc with ticker code (RIO) have now 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 a mean TP of 72.64. Now with the previous closing price of 55.18 this now indicates there is a potential upside of 31.6%. The 50 day moving average now sits at 57.65 and the 200 moving average now moves to 68.14. The market capitalisation for the company is $85,918m. Company Website: https://www.riotinto.com
The potential market cap would be $113,104m 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.
