Liberum Capital retained Rio Tinto PLC (LON:RIO) to Sell in a report released today.
- Updated: September 19, 2016
Showing a price of 2,428.75GBX, Rio Tinto PLC (LON:RIO) traded 3.49% higher on the day. With the last close up 7.76% 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 2,394.36GBX and two hundred day moving average of 2,189.22GBX. Trading volume was was down over the average, with 3,868,271 shares of RIO changing hands under the typical 4,354,420 shares.
Liberum Capital has retained Rio Tinto PLC(LON:RIO) to Sell in a report released 8/03/2016.
On 8/02/2016, Deutsche Bank reported about Rio Tinto PLC(LON:RIO) kept the target price at 3,160.00GBX. At the time, this indicated a possible upside of 0.27%.
See Graphic Below:
A total of 26 brokerages have issued a ratings update on the company. Five analysts rate the stock a strong buy, 10 firms rate the stock a buy, nine firms rate the company a hold, three firms rate the stock to underperform, and finally one analystrate the company as sell with a 12-month target stock price of 30.05GBX
With a total market value of 0.0 GBX, Rio Tinto PLC has a one-year low of 1,557.00GBX and a one-year high of 2,621.00GBX with a price-earnings ratio of 1,072.
Brief Synopsis On 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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