Rio Tinto Group (LON:RIO) Given Not Rated Rating at JPMorgan Chase & Co.

Posted by Don Miller on Feb 21st, 2025

JPMorgan Chase & Co. reissued their not rated rating on shares of Rio Tinto Group (LON:RIO – Free Report) in a report issued on Thursday morning, Marketbeat.com reports.

Several other equities research analysts have also recently commented on RIO. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,300 ($79.83) price target on shares of Rio Tinto Group in a report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 6,400 ($81.09) price target on shares of Rio Tinto Group in a report on Friday, December 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 6,241.25 ($79.08).

Get Our Latest Research Report on RIO

Rio Tinto Group Price Performance

LON:RIO opened at GBX 5,108 ($64.72) on Thursday. Rio Tinto Group has a one year low of GBX 4,509 ($57.13) and a one year high of GBX 5,854 ($74.18). The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70. The stock has a market cap of £107.18 billion, a PE ratio of 9.67, a P/E/G ratio of -0.64 and a beta of 0.59. The stock has a 50 day moving average price of GBX 4,867.56 and a 200 day moving average price of GBX 4,910.36.

Insider Transactions at Rio Tinto Group

In other news, insider Jakob Stausholm sold 6,489 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 4,988 ($63.20), for a total transaction of £323,671.32 ($410,125.85). Company insiders own 14.62% of the company’s stock.