Rio Tinto Group (LON:RIO) Receives GBX 6,261.43 Consensus PT from Analysts

Rio Tinto Group (LON:RIO) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 6,261.43 ($84.75).

A number of analysts recently issued reports on RIO shares. Berenberg Bank reissued a “buy” rating and set a GBX 6,200 ($83.92) price target on shares of Rio Tinto Group in a report on Wednesday, April 16th. JPMorgan Chase & Co. reissued a “not rated” rating on shares of Rio Tinto Group in a report on Thursday, February 20th.

Rio Tinto Group Stock Down 0.8%

RIO stock opened at GBX 4,355.50 ($58.95) on Wednesday. The firm’s fifty day simple moving average is GBX 4,460.23 and its 200-day simple moving average is GBX 4,727.50. The company has a market capitalization of £91.39 billion, a P/E ratio of 8.25, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company has a debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34. Rio Tinto Group has a 12 month low of GBX 4,024.50 ($54.47) and a 12 month high of GBX 5,474 ($74.09).

Rio Tinto Group Company Profile