Rio Tinto Plc with ticker code (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 the average target price sitting at 84.33. Now with the previous closing price of 80.4 this now indicates there is a potential upside of 4.9%. There is a 50 day moving average of 76.8 and the 200 day MA is 73.39. The company has a market capitalisation of $133,977m. Visit the company website at: https://www.riotinto.com
The potential market cap would be $140,526m 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.
