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Rio Tinto Group (LON:RIO – Get Rating) insider Peter Cunningham sold 4 shares of the stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of GBX 6,133 ($74.84), for a total value of £245.32 ($299.35).
Rio Tinto Group Trading Up 1.1 %
Shares of LON:RIO traded up GBX 70 ($0.85) on Friday, reaching GBX 6,221 ($75.91). 2,163,523 shares of the company traded hands, compared to its average volume of 2,551,407. The company has a current ratio of 1.79, a quick ratio of 1.34 and a debt-to-equity ratio of 22.52. The stock has a market capitalization of £100.83 billion and a P/E ratio of 694.24. Rio Tinto Group has a 52 week low of GBX 4,424.50 ($53.99) and a 52 week high of GBX 6,343 ($77.40). The business’s 50-day simple moving average is GBX 5,727.02 and its 200 day simple moving average is GBX 5,140.53.
Wall Street Analysts Forecast Growth
RIO has been the topic of a number of recent analyst reports. UBS Group set a GBX 5,000 ($61.01) price objective on Rio Tinto Group in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a GBX 6,200 ($75.66) price objective on Rio Tinto Group in a research report on Tuesday, January 10th. StockNews.com initiated coverage on Rio Tinto Group in a research report on Wednesday, October 12th. They issued a “buy” rating on the stock. Berenberg Bank set a GBX 6,700 ($81.76) price objective on Rio Tinto Group in a research report on Thursday, January 12th. Finally, Barclays set a GBX 5,800 ($70.77) price target on Rio Tinto Group in a research report on Thursday, January 12th. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 5,829.23 ($71.13).
Rio Tinto Group Company Profile
(Get Rating)
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities.
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