Rio Tinto (LON: RIO)‘s stock had its “neutral” rating reiterated by equities research analysts at Macquarie in a research note issued to investors on Friday. They currently have a $61.40 (4050 GBX) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Rio Tinto in a research note to investors on Wednesday. They now have a $71.27 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Rio Tinto from $57.42 to $60.44 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Rio Tinto in a research note to investors on Tuesday, February 19th. They now have a $62.08 price target on the stock.
Rio Tinto opened at 3425.00 on Friday. Rio Tinto has a 1-year low of GBX 2648.1501 and a 1-year high of GBX 3872.6101. The stock’s 50-day moving average is currently GBX 2968.62. The company’s market cap is £63.263 billion.
Rio Tinto plc (Rio Tinto) is engaged in minerals exploration, development, production and processing.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.