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Rio Tinto plc (LON: RIO) received a number of ratings updates from brokerages and research firms in the last week:

  • Rio Tinto plc had its price target raised by analysts at Canaccord Genuity from GBX 4,145 ($69.29) to GBX 4,165 ($69.63). They now have a “buy” rating on the stock.
  • Rio Tinto plc had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a GBX 4,650 ($77.73) price target on the stock.
  • Rio Tinto plc had its “outperform” rating reaffirmed by analysts at BNP Paribas. They now have a GBX 3,800 ($63.52) price target on the stock.
  • Rio Tinto plc had its “outperform” rating reaffirmed by analysts at RBC Capital. They now have a GBX 3,700 ($61.85) price target on the stock.
  • Rio Tinto plc had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a GBX 4,000 ($66.87) price target on the stock.
  • Rio Tinto plc had its “outperform” rating reaffirmed by analysts at Credit Suisse. They now have a GBX 4,000 ($66.87) price target on the stock.
  • Rio Tinto plc had its “hold” rating reaffirmed by analysts at Investec. They now have a GBX 3,552 ($59.38) price target on the stock.
  • Rio Tinto plc had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein & Co. They now have a GBX 4,000 ($66.87) price target on the stock.

Shares of Rio Tinto plc (LON:RIO) traded up 1.27% on Wednesday, hitting GBX 3458.0002. The stock had a trading volume of 3,345,041 shares. Rio Tinto plc has a 1-year low of GBX 2908.50 and a 1-year high of GBX 3641.9998. The stock’s 50-day moving average is GBX 3350.67 and its 200-day moving average is GBX 3288.62. The company’s market cap is £63.959 billion.

The company also recently declared a dividend, which is scheduled for Thursday, September 11th. Investors of record on Wednesday, August 13th will be given a dividend of GBX 56.90 ($0.95) per share. This represents a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, August 13th.

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

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