Rio Tinto Group (LON:RIO) Insider Sells £200.16 in Stock

Rio Tinto Group (LON:RIO) insider Jakob Stausholm sold 4 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of GBX 5,004 ($61.81), for a total transaction of £200.16 ($247.23).

Jakob Stausholm also recently made the following trade(s):

• On Monday, December 2nd, Jakob Stausholm sold 6,489 shares of Rio Tinto Group stock. The stock was sold at an average price of GBX 4,988 ($61.61), for a total transaction of £323,671.32 ($399,791.65).

Rio Tinto Group Trading Down 1.1 %

RIO stock opened at GBX 4,947.50 ($61.11) on Friday. The company has a market capitalization of £61.84 billion, a PE ratio of 981.65, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company has a debt-to-equity ratio of 25.01, a quick ratio of 1.34 and a current ratio of 1.70. Rio Tinto Group has a one year low of GBX 4,509 ($55.69) and a one year high of GBX 5,854 ($72.31). The company’s 50 day moving average price is GBX 4,854.52 and its two-hundred day moving average price is GBX 4,942.66.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 6,400 ($79.05) target price on shares of Rio Tinto Group in a research report on Friday, December 6th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 6,000 ($74.11) price target on shares of Rio Tinto Group in a report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 6,203.75 ($76.63).

Rio Tinto Group Company Profile