Shares of Rio Tinto Group (LON:RIO – Get Rating) have been given an average rating of "Hold" by the fourteen ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 6,081.67 ($75.11).

Several brokerages recently issued reports on RIO. StockNews.com began coverage on shares of Rio Tinto Group in a research note on Wednesday, October 12th. They set a "buy" rating on the stock. The Goldman Sachs Group set a GBX 6,200 ($76.57) target price on shares of Rio Tinto Group in a research note on Tuesday, November 8th. JPMorgan Chase & Co. reissued an "underweight" rating and set a GBX 5,380 ($66.44) target price on shares of Rio Tinto Group in a research note on Wednesday. Berenberg Bank set a GBX 6,700 ($82.75) target price on shares of Rio Tinto Group in a research note on Thursday, January 12th. Finally, Jefferies Financial Group set a GBX 6,700 ($82.75) price objective on shares of Rio Tinto Group in a report on Wednesday, November 30th.

Rio Tinto Group Trading Up 1.1 %

LON:RIO opened at GBX 6,128 ($75.68) on Friday. The firm's fifty day moving average is GBX 5,918.26 and its 200-day moving average is GBX 5,256.63. The company has a debt-to-equity ratio of 22.52, a quick ratio of 1.34 and a current ratio of 1.79. Rio Tinto Group has a 52 week low of GBX 4,424.50 ($54.64) and a 52 week high of GBX 6,406 ($79.12). The firm has a market cap of £99.33 billion and a P/E ratio of 691.65.

Insider Activity

Rio Tinto Group Company Profile

(Get Rating)

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 lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities.

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