Peter Cunningham Sells 3,108 Shares of Rio Tinto Group (LON:RIO) Stock

Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 3,108 shares of Rio Tinto Group stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of GBX 5,464, for a total transaction of £169,821.12.

Peter Cunningham also recently made the following trade(s):

• On Friday, October 17th, Peter Cunningham sold 4 shares of Rio Tinto Group stock. The stock was sold at an average price of GBX 5,082, for a total transaction of £203.28.

Rio Tinto Group Stock Performance

Shares of RIO opened at GBX 5,498.95 on Friday. Rio Tinto Group has a one year low of GBX 4,024.50 and a one year high of GBX 5,662. The company has a market cap of £89.35 billion, a PE ratio of 8.76, a P/E/G ratio of -0.64 and a beta of 0.59. The stock has a 50-day moving average of GBX 5,252.18 and a 200-day moving average of GBX 4,757.08. The company has a debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Citigroup boosted their price objective on Rio Tinto Group from GBX 4,600 to GBX 5,700 and gave the company a “neutral” rating in a report on Monday, November 17th. Royal Bank Of Canada decreased their price target on shares of Rio Tinto Group from GBX 5,000 to GBX 4,900 and set a “sector perform” rating for the company in a research note on Monday, December 1st. JPMorgan Chase & Co. raised their price objective on shares of Rio Tinto Group from GBX 6,100 to GBX 6,950 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 5,200 target price on shares of Rio Tinto Group in a research report on Wednesday, October 15th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 5,570.

Rio Tinto Group Company Profile

We operate in 35 countries where our 60,000 employees are working to find better ways to provide the materials the world needs. Our portfolio includes iron ore, copper, aluminium and a range of other minerals and materials needed for people, communities and nations to grow and prosper, and for the world to cut carbon emissions to net zero.