Beaufort Securities retained Rio Tinto PLC (LON:RIO) to Hold in a statement released earlier today.
- Updated: September 18, 2016
Boasting a price of 2,438.25GBX, Rio Tinto PLC (LON:RIO) traded 0.76% lower on the day. The last stock close is up 4.45% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has logged a 50-day average of 2,400.89GBX and 200-day average of 2,185.00GBX. 4,978,021 shares of the stock traded hands, up from ann avg. trading volume of 4,335,520
Beaufort Securities has retained Rio Tinto PLC(LON:RIO) to Hold in a statement released 8/04/2016.
On 8/03/2016, Canaccord Genuity released a statement about Rio Tinto PLC(LON:RIO) kept the target price at 2,800.00GBX that indicated a possible upside of 0.15%.
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A total of 26 analysts have released a report on the company. Five analysts rate the stock a strong buy, 10 firms rate the company a buy, nine firms rate the stock a hold, three brokerages rate the company to underperform, and finally one brokeragerate the stock as sell with a 12-month target stock price of 30.05GBX
Rio Tinto PLC has a price-earnings of 1,037 with a 52 week low of 1,557.00GBX and a one-year high of 2,621.00GBX and has a market capitalization of 0.0 GBX.
Brief Synopsis About Rio Tinto PLC (LON:RIO)
Rio Tinto plc is a mining company. The Company focuses on finding, mining, processing and marketing the Earth’s mineral resources. The Company’s segments include aluminum, copper and coal, diamonds and minerals, and iron ore. The Company’s aluminum business includes bauxite mines, alumina refineries and aluminum smelters. The Company’s copper and coal business includes approximately four copper operating assets, including in the United States, Mongolia, Chile and Indonesia, and over six coal operations in Australia and South Africa, as well as development projects. The Company’s diamonds and minerals businesses include mining, refining and marketing operations across approximately five sectors. The Company operates an iron ore portfolio, and supplying the seaborne iron ore trade across the world. Its iron ore mines are located in Australia and Canada.
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