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A number of firms have modified their ratings and price targets on shares of Rio Tinto plc (NYSE: RIO) recently:

  • Rio Tinto plc had its “buy” rating reaffirmed by analysts at Jefferies Group.
  • Rio Tinto plc had its “buy” rating reaffirmed by analysts at Deutsche Bank.
  • Rio Tinto plc had its “hold” rating reaffirmed by analysts at Investec.
  • Rio Tinto plc had its “sell” rating reaffirmed by analysts at Liberum Capital.

Rio Tinto plc (NYSE:RIO) traded down 1.40% on Thursday, hitting $52.97. 3,590,002 shares of the company’s stock traded hands. Rio Tinto plc has a one year low of $46.86 and a one year high of $60.61. The stock’s 50-day moving average is $56.92 and its 200-day moving average is $55.21. The company has a market cap of $97.973 billion and a price-to-earnings ratio of 15.72.

The company also recently declared a semiannual dividend, which is scheduled for Thursday, September 11th. Stockholders 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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