Royal Bank Of Canada Reaffirms Sector perform Rating for Rio Tinto Group (LON:RIO)

Posted by Defense World Staff on Apr 19th, 2026

Rio Tinto Group (LON:RIO – Get Free Report)‘s stock had its “sector perform” rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued on Friday,Digital Look reports. They currently have a GBX 6,400 price target on the stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 13.35% from the company’s current price.

A number of other equities analysts also recently commented on the stock. Berenberg Bank restated a “hold” rating and set a GBX 5,300 price objective on shares of Rio Tinto Group in a research note on Wednesday, January 21st. Citigroup increased their price objective on shares of Rio Tinto Group from GBX 7,000 to GBX 7,200 and gave the stock a “neutral” rating in a research note on Monday, April 13th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Rio Tinto Group has an average rating of “Hold” and an average price target of GBX 6,190.

Check Out Our Latest Analysis on RIO

Rio Tinto Group Stock Up 0.2%

Shares of RIO opened at GBX 7,386.18 on Friday. The company has a market capitalization of £120.11 billion, a P/E ratio of 12.14, a PEG ratio of -0.64 and a beta of 0.64. The company has a debt-to-equity ratio of 39.51, a current ratio of 1.44 and a quick ratio of 1.34. Rio Tinto Group has a one year low of GBX 4,110 and a one year high of GBX 7,575. The business’s 50 day simple moving average is GBX 6,997.63 and its 200-day simple moving average is GBX 6,170.45.

Rio Tinto Group Company Profile

(Get Free Report)

We operate in 35 countries where our 60,000 employees are working to find better ways to provide the materials the world needs. Our portfolio includes iron ore, copper, aluminium and a range of other minerals and materials needed for people, communities and nations to grow and prosper, and for the world to cut carbon emissions to net zero. We continuously search for new projects that can support the energy transition, currently exploring for 7 commodities in 17 countries.

We have more than 150 years of mining and processing experience guiding our work.