Rio Tinto Group (LON:RIO - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight analysts that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 6,203.75 ($77.24).
A number of analysts have issued reports on RIO shares. Jefferies Financial Group reissued a "buy" rating and issued a GBX 6,400 ($79.68) price objective on shares of Rio Tinto Group in a report on Friday, December 6th. Citigroup reiterated a "neutral" rating on shares of Rio Tinto Group in a research note on Friday, December 6th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 6,000 ($74.70) price target on shares of Rio Tinto Group in a research report on Wednesday, December 11th.
View Our Latest Stock Report on RIO
Insider Activity at Rio Tinto Group
In other news, insider Jakob Stausholm sold 6,489 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of GBX 4,988 ($62.10), for a total value of £323,671.32 ($402,977.24). 14.62% of the stock is currently owned by company insiders.
Rio Tinto Group Stock Performance
RIO traded up GBX 16 ($0.20) on Thursday, reaching GBX 4,861 ($60.52). The company had a trading volume of 1,992,931 shares, compared to its average volume of 2,868,295. The company's fifty day moving average is GBX 4,862.30 and its 200 day moving average is GBX 4,931.38. The company has a debt-to-equity ratio of 25.01, a quick ratio of 1.34 and a current ratio of 1.70. The stock has a market cap of £60.76 billion, a P/E ratio of 964.48, a P/E/G ratio of -0.64 and a beta of 0.59. Rio Tinto Group has a fifty-two week low of GBX 4,509 ($56.14) and a fifty-two week high of GBX 5,854 ($72.88).
About Rio Tinto Group
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