Rio Tinto Group (LON:RIO) Insider Buys £24,871.20 in Stock

Rio Tinto Group (LON:RIO - Get Free Report) insider Ngaire Woods acquired 516 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of GBX 4,820 ($62.40) per share, with a total value of £24,871.20 ($32,199.90).

Rio Tinto Group Stock Down 1.4 %

RIO traded down GBX 67.50 ($0.87) during trading on Tuesday, hitting GBX 4,761 ($61.64). The company had a trading volume of 309,941,281 shares, compared to its average volume of 17,737,990. The company has a market capitalization of £99.90 billion, a PE ratio of 9.01, a PEG ratio of -0.64 and a beta of 0.59. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.28. Rio Tinto Group has a one year low of GBX 4,509 ($58.38) and a one year high of GBX 5,854 ($75.79). The firm's 50-day moving average price is GBX 4,901.06 and its 200 day moving average price is GBX 4,901.98.

Analysts Set New Price Targets

A number of analysts recently weighed in on RIO shares. JPMorgan Chase & Co. reiterated a "not rated" rating on shares of Rio Tinto Group in a research report on Thursday, February 20th. Citigroup reiterated a "neutral" rating on shares of Rio Tinto Group in a report on Friday, December 6th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 6,400 ($82.86) price target on shares of Rio Tinto Group in a report on Friday, December 6th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 6,300 ($81.56) price objective on shares of Rio Tinto Group in a research note on Thursday, February 20th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 6,241.25 ($80.80).

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