Rio Tinto Group (RIO) Stock Forecast & Price Target

$61.00 +1.21 (+2.02%)

Closing price 01/17/2025 03:59 PM Eastern

Extended Trading

$62.09 +1.09 (+1.79%)

As of 08:52 AM Eastern

Rio Tinto Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
4

Buy
4

Based on 8 Wall Street analysts who have issued ratings for Rio Tinto Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, 3 have given a buy rating, and 1 has given a strong buy rating for RIO.

Consensus Price Target

$73.00
19.68% Upside

According to the 8 analysts' twelve-month price targets for Rio Tinto Group, the average price target is $73.00. The highest price target for RIO is $73.00, while the lowest price target for RIO is $73.00. The average price target represents a forecasted upside of 19.68% from the current price of $61.00.

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RIO Analyst Ratings Over Time

Type	Current Forecast 1/22/24 to 1/21/25	1 Month Ago 12/23/23 to 12/22/24	3 Months Ago 10/24/23 to 10/23/24	1 Year Ago 1/22/23 to 1/22/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	5 Buy rating(s)	10 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$73.00	N/A	N/A	$72.00
Forecasted Upside	19.68% Upside	N/A	N/A	7.01% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

RIO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RIO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Rio Tinto Group Stock vs. The Competition

Type	Rio Tinto Group	Basic Materials Companies	S&P 500
Consensus Rating Score	2.63	2.76	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.68% Upside	130.36% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent RIO News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/6/2025	Jefferies Financial Group 2 of 5 stars		Lower Target	Buy ➝ Buy	$83.00 ➝ $73.00	+24.57%
10/16/2024	Macquarie 1 of 5 stars		Reiterated Rating	Outperform ➝ Neutral
10/2/2024	Berenberg Bank 2 of 5 stars	R. Hatch Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
7/31/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Peker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
7/23/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Modi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/23/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
5/20/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
3/5/2024	Liberum Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
1/12/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
12/5/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
Get the Latest News and Ratings for RIO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Rio Tinto Group and its competitors with MarketBeat's FREE daily newsletter.
10/24/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight
10/5/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral
9/13/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
6/28/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$80.00 ➝ $72.00	+10.97%
6/5/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
5/26/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight
5/5/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform
3/13/2023	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:53 AM ET.

Should I Buy Rio Tinto Group Stock? RIO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, January 12, 2025. Please send any questions or comments about these Rio Tinto Group pros and cons to contact@marketbeat.com.

Rio Tinto Group
Bull Case

Here are some ways that investors could benefit from investing in Rio Tinto Group:

Recent significant investment increases by institutional investors, such as Barclays PLC boosting its position by 225.6%, indicating strong confidence in the company's future performance.
Current stock price is $62.21, which reflects a recent trading activity and could present a buying opportunity for investors looking for value.
Rio Tinto Group has received multiple upgrades from analysts, including a recent upgrade from Berenberg Bank from a "hold" to a "buy" rating, suggesting positive market sentiment.
The company has a diverse portfolio in the mining sector, which can provide stability and growth potential, especially in a recovering global economy.
Institutional ownership stands at 19.33%, which often indicates a level of trust and stability in the company's management and operations.

Rio Tinto Group
Bear Case

Investors should be bearish about investing in Rio Tinto Group for these reasons:

Despite recent upgrades, the stock has shown volatility, trading down 2.0% recently, which may indicate underlying market concerns.
Analysts have mixed ratings, with four holding a "hold" rating, which suggests uncertainty about the stock's short-term performance.
Institutional investors own only 19.33% of the stock, which may limit liquidity and could lead to larger price swings in response to market changes.
Recent trading volumes have been below average, which can indicate a lack of investor interest or confidence in the stock at this time.
Potential geopolitical risks associated with mining operations could impact the company's profitability and stock performance.

RIO Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Rio Tinto Group is $73.00, with a high forecast of $73.00 and a low forecast of $73.00.
: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto Group in the last twelve months. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RIO shares.
: According to analysts, Rio Tinto Group's stock has a predicted upside of 19.68% based on their 12-month stock forecasts.
: Rio Tinto Group has been rated by research analysts at Jefferies Financial Group in the past 90 days.
: Analysts like Rio Tinto Group less than other "basic materials" companies. The consensus rating score for Rio Tinto Group is 2.63 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how RIO compares to other companies.

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This page (NYSE:RIO) was last updated on 1/21/2025 by MarketBeat.com Staff

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Rio Tinto Group (RIO) Stock Forecast & Price Target