Rio Tinto plc Rating Reiterated by RBC Capital (RIO)
Rio Tinto plc (LON:RIO)‘s stock had its “outperform” rating reaffirmed by research analysts at RBC Capital in a report released on Thursday, StockRatingsNetwork reports.
A number of other firms have also recently commented on RIO. Analysts at Investec reiterated a “buy” rating on shares of Rio Tinto plc in a research note on Thursday. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Rio Tinto plc in a research note on Thursday. They now have a GBX 4,250 ($69.73) price target on the stock. Finally, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Thursday. They now have a GBX 3,500 ($57.42) price target on the stock. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and twenty-one have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of GBX 3,783.42 ($62.07).
Rio Tinto plc (LON:RIO) opened at 3508.0002 on Thursday. Rio Tinto plc has a one year low of GBX 2579.2219 and a one year high of GBX 3872.6101. The stock has a 50-day moving average of GBX 3282. and a 200-day moving average of GBX 3180.12. The company’s market cap is £64.817 billion.
Rio Tinto plc (LON:RIO) is an international mining company.
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