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Rio Tinto plc (ADR) (NYSE:RIO) has been downgraded to Buy in a statement by ValuEngine earlier today.

Having a price of $39.25, Rio Tinto plc (ADR) (NYSE:RIO) traded -0.69% lower on the day. With the last close down 11.71% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Rio Tinto plc (ADR) has recorded a 50-day average of $47.15 and a two hundred day average of $42.64. Volume of trade was up over the average, with 3,392,007 shares of RIO changing hands over the typical 3,375,150

ValuEngine has downgraded Rio Tinto plc (ADR) (NYSE:RIO) to Buy in a statement released on 06/20/2017.

Performance Chart

Rio Tinto plc (ADR) (NYSE:RIO)

With a total market value of $0, Rio Tinto plc (ADR) has price-earnings ratio of 13.89 with a one year low of $30.69 and a one year high of $49.89 .

A total of 4 analysts have released a research note on Rio Tinto plc (ADR). Three analysts rating the company a strong buy, zero analysts rating the company a buy, one analyst rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $34.15.

More About Rio Tinto plc (ADR) (NYSE: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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