Breaking Finance News

Rio Tinto PLC (LON:RIO) target price held steady at 3,000.00GBX, reported today by Goldman Sachs

Rio Tinto PLC (LON:RIO) had its price target hold steady to 3,000.00GBX by Goldman Sachs in an issued report announced 09/22/2017. The latest price target suggests a possible downside of -0.13% based on the company's previous stock price.

Previously on 9/14/2017, Macquarie released a statement about Rio Tinto PLC (LON:RIO) held steady the target price at 4,500.00GBX. At the time, this indicated a possible upside of 0.23%.

Just yesterday Rio Tinto PLC (LON:RIO) traded -1.18% lower at 3,435.75GBX. Rio Tinto PLC’s 50-day moving average is 3,570.46GBX and its 200-day moving average is 3,303.48GBX. The last stock price is up 4.90% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 4,002,232 shares of the stock traded hands, up from an average trading volume of 3,953,800

See Chart Below

Rio Tinto PLC (LON:RIO)

Rio Tinto PLC has a PE ratio of 10.10 with a one year low of 2,353.50GBX and a one year high of 3,784.50GBX Rio Tinto PLC’s market capitalization is presently 0 GBX.

A total of 26 analysts have released a report on Rio Tinto PLC. Five analysts rating the company a strong buy, ten analysts rating the company a buy, nine analysts rating the company a hold, three analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of 30.05GBX.

General Company Details For 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.