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Rio Tinto PLC (LON:RIO) target price lowered to 3,700.00GBX, reported today by Jefferies International

Stating a potential upside of 0.17%, Jefferies International dropped the price target of Rio Tinto PLC (LON:RIO) to 3,700.00GBX

Having a price of 3,172.50GBX, Rio Tinto PLC (LON:RIO) traded 1.24% higher on the day. With the last close down 8.87% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Rio Tinto PLC has recorded a 50-day average of 3,594.80GBX and a two hundred day average of 3,330.17GBX. Volume of trade was down over the average, with 580,660 shares of RIO changing hands under the typical 4,347,390

Performance Chart

Rio Tinto PLC (LON:RIO)

With a total market value of 0 GBX, Rio Tinto PLC has price-earnings ratio of 10.57 with a one year low of 2,550.05GBX and a one year high of 4,110.29GBX .

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.

More 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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