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A report released earlier today by JP Morgan Cazenove about Rio Tinto PLC (LON:RIO) holds the target price at 4,150.00GBX

Rio Tinto PLC (LON:RIO) had its target hold steady to 4,150.00GBX by JP Morgan Cazenove in an issued report issued Monday May 22, 2017. The updated price target implies a potential upside of 0.32% based on the company's last closing price.

Previously on 05/15/2017, Jefferies International reported on Rio Tinto PLC (LON:RIO) held steady the target price at 3,800.00GBX. At the time, this indicated a possible upside of 0.27%.

Yesterday Rio Tinto PLC (LON:RIO) traded -2.60% lower at 3,147.50GBX. Rio Tinto PLC’s 50-day average is 3,579.22GBX and its two hundred day average is 3,355.36GBX. With the last stock price close down 4.21% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the same time period. 3,876,479 shares of RIO traded, down from an average trading volume of 4,266,760

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Rio Tinto PLC (LON:RIO)

Rio Tinto PLC has a 52 week low of 2,709.50GBX and a 52 week high of 3,805.50GBX with a P/E ratio of 10.19 The company’s total market value is presently 0 GBX.

A total of 26 equity analysts have released a ratings update on RIO. Five equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, nine equity analysts rating the company a hold, three firms rating the stock a underperform, and finally 1 firm rating the stock a sell with a consensus target price of 30.05GBX.

About Rio Tinto PLC (LON:RIO)

Rio Tinto plc is a mining and metals company. The Company's business is finding, mining and processing mineral resources. The Company's segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade. Its Iron Ore product operations are located in the Pilbara region of Western Australia. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters. Its bauxite mines are located in Australia, Brazil and Guinea. The Copper & Diamonds segment has managed operations in Australia, Canada, Mongolia and the United States, and non-managed operations in Chile and Indonesia. The Energy & Minerals segment consists of mining, refining and marketing operations in over 10 countries, across six sectors: borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium.

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