Rio Tinto Group (LON:RIO) Receives GBX 6,203.75 Consensus Price Target from Analysts

Posted by Michael Walen on Jan 12th, 2025

Rio Tinto Group (LON:RIO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 6,203.75 ($75.75).

Several equities analysts have commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 6,000 ($73.26) price target on shares of Rio Tinto Group in a research report on Wednesday, December 11th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,400 ($78.14) price objective on shares of Rio Tinto Group in a research note on Friday, December 6th. Finally, Citigroup restated a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th.

View Our Latest Analysis on Rio Tinto Group

Rio Tinto Group Trading Up 0.2 %

Shares of RIO stock opened at GBX 4,818 ($58.83) on Friday. Rio Tinto Group has a 1-year low of GBX 4,509 ($55.05) and a 1-year high of GBX 5,854 ($71.48). The firm has a market cap of £60.23 billion, a PE ratio of 955.95, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company has a 50-day moving average of GBX 4,869.06 and a two-hundred day moving average of GBX 4,955.22. The company has a debt-to-equity ratio of 25.01, a current ratio of 1.70 and a quick ratio of 1.34.

Insider Transactions at Rio Tinto Group

In related news, insider Jakob Stausholm sold 6,489 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 4,988 ($60.90), for a total value of £323,671.32 ($395,203.08). Also, insider Simon Henry acquired 200 shares of the business’s stock in a transaction dated Wednesday, October 23rd. The stock was purchased at an average price of GBX 4,956 ($60.51) per share, for a total transaction of £9,912 ($12,102.56). Insiders own 14.62% of the company’s stock.