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Rio Tinto plc (NYSE:RIO)‘s stock had its “buy” rating reiterated by analysts at Beaufort Securities in a research report issued to clients and investors on Friday.

Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Tuesday. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Rio Tinto plc in a research note on Monday. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Rio Tinto plc in a research note on Thursday, July 31st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eighteen have given a buy rating to the stock. Rio Tinto plc has a consensus rating of “Buy” and an average target price of $61.00.

Rio Tinto plc (NYSE:RIO) traded up 0.68% on Friday, hitting $57.48. 1,421,513 shares of the company’s stock traded hands. Rio Tinto plc has a 52 week low of $45.00 and a 52 week high of $60.61. The stock’s 50-day moving average is $55.93 and its 200-day moving average is $54.94. The company has a market cap of $106.3 billion and a P/E ratio of 28.94.

The company also recently declared a semiannual dividend, which is scheduled for Thursday, September 11th. Investors of record on Friday, August 15th will be given a dividend of $0.9584 per share. This represents a yield of 3.33%. The ex-dividend date of this dividend is Wednesday, August 13th.

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

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