Rio Tinto plc Receives Outperform Rating from Credit Suisse (RIO)
A number of other firms have also recently commented on RIO. Analysts at RBC Capital reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Wednesday, August 13th. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Rio Tinto plc in a research note on Monday, August 11th. Finally, analysts at Investec reiterated a “hold” rating on shares of Rio Tinto plc in a research note on Friday, August 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have assigned a buy rating to the stock. Rio Tinto plc presently has an average rating of “Buy” and an average price target of $61.00.
Rio Tinto plc (NYSE:RIO) traded up 0.49% on Monday, hitting $57.61. 1,462,694 shares of the company’s stock traded hands. Rio Tinto plc has a 1-year low of $45.00 and a 1-year high of $60.61. The stock has a 50-day moving average of $56.85 and a 200-day moving average of $55.15. The company has a market cap of $106.6 billion and a P/E ratio of 16.78.
The company also recently announced a semiannual dividend, which is scheduled for Thursday, September 11th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.9584 per share. This represents a dividend yield of 3.33%. The ex-dividend date is Wednesday, August 13th.
Rio Tinto plc (NYSE:RIO) is an international mining company.
Receive News & Ratings for Rio Tinto plc (ADR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto plc (ADR) and related companies with Analyst Ratings Network's FREE daily email newsletter.