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Rio Tinto plc (NYSE:RIO)‘s stock had its “outperform” rating restated by investment analysts at RBC Capital in a note issued to investors on Monday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital downgraded shares of Rio Tinto plc from a “hold” rating to a “sell” rating in a research note on Friday. Separately, analysts at Barclays upgraded shares of Rio Tinto plc from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, July 8th. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Friday, July 4th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have given a buy rating to the company’s stock. Rio Tinto plc presently has an average rating of “Buy” and an average price target of $50.00.

Shares of Rio Tinto plc (NYSE:RIO) traded up 0.98% on Monday, hitting $55.70. 1,617,433 shares of the company’s stock traded hands. Rio Tinto plc has a 1-year low of $42.13 and a 1-year high of $60.61. The stock has a 50-day moving average of $53.5 and a 200-day moving average of $54.49. The company has a market cap of $103.0 billion and a price-to-earnings ratio of 27.96.

Rio Tinto plc (NYSE:RIO) is an international mining company.

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