A number of other equities analysts also recently commented on RIO. Barclays raised shares of Rio Tinto Group from an underweight rating to an equal weight rating in a report on Thursday, January 12th. UBS Group downgraded shares of Rio Tinto Group from a neutral rating to a sell rating in a report on Tuesday, December 13th. CLSA downgraded shares of Rio Tinto Group from an outperform rating to an underperform rating in a report on Tuesday, January 17th. Citigroup downgraded shares of Rio Tinto Group from a buy rating to a neutral rating in a report on Thursday, December 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Rio Tinto Group from GBX 5,800 ($71.81) to GBX 6,200 ($76.76) in a report on Tuesday, January 10th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Rio Tinto Group has a consensus rating of Hold and a consensus price target of $4,360.00.
Rio Tinto Group Stock Performance
Rio Tinto Group stock opened at $78.76 on Monday. The company has a market cap of $98.40 billion, a PE ratio of 11.65 and a beta of 0.64. The company has a fifty day moving average price of $70.91 and a two-hundred day moving average price of $62.02. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.79 and a quick ratio of 1.34. Rio Tinto Group has a 12 month low of $50.92 and a 12 month high of $84.69.
Institutional Investors Weigh In On Rio Tinto Group
About Rio Tinto Group
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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