Rio Tinto Plc – Consensus Indicates Potential 4.3% Upside

Broker Ratings
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Rio Tinto Plc found using ticker (RIO) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 93 and 68 with a mean TP of 84.33. Now with the previous closing price of 80.85 this would indicate that there is a potential upside of 4.3%. The day 50 moving average is 77.46 while the 200 day moving average is 73.33. The company has a market cap of $130,088m. Visit the company website at: https://www.riotinto.com

The potential market cap would be $135,687m 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 uranium. 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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