Rio Tinto Plc – Consensus Indicates Potential 32.3% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 92 and 53.56 with the average target price sitting at 76.14. With the stocks previous close at 57.53 this indicates there is a potential upside of 32.3%. The 50 day MA is 65.43 and the 200 moving average now moves to 69.78. The company has a market capitalisation of $93,179m. You can visit the company’s website by visiting: https://www.riotinto.com

The potential market cap would be $123,321m 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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