Rio Tinto Plc which can be found using ticker (RIO) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 95 and 53.56 suggesting an average Analsyt target price of $73.89. Given that the stocks previous close was at $68.41 this now indicates there is a potential upside of 8.0%. The day 50 moving average is $74.28 and the 200 moving average now moves to $64.74. The market capitalization for the company is $112,553m. Visit the company website at: https://www.riotinto.com
The potential market cap would be $121,569m based on the market consensus.
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. It offers aluminum, copper, iron ore, diamonds, gold, borates, titanium dioxide, salt, silver, molybdenum, and lithium. The company also owns and operates open pit and underground mines, refineries, smelters, and concentrator facilities, as well as power stations, research, and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.
The company has a dividend yield of 7.21% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.08, revenue per share of 34.3 and a 11.24% return on assets.
