Rio Tinto Plc which can be found using ticker (RIO) have now 5 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 95 and 53.56 and has a mean target at $73.89. Given that the stocks previous close was at $65.05 and the analysts are correct then there would likely be a percentage uptick in value of 13.6%. There is a 50 day moving average of $73.23 while the 200 day moving average is $64.43. The company has a market capitalization of $105,578m. Company Website: https://www.riotinto.com
The potential market cap would be $119,926m 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 7.4% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.66, revenue per share of 34.3 and a 11.24% return on assets.
