Rio Tinto Group (LON:RIO - Get Free Report) insider Ngaire Woods purchased 516 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average price of GBX 4,820 ($62.30) per share, for a total transaction of £24,871.20 ($32,145.79).
Rio Tinto Group Stock Up 0.2 %
Shares of LON:RIO opened at GBX 4,802.50 ($62.07) on Friday. The company has a market cap of £100.77 billion, a price-to-earnings ratio of 9.09, a PEG ratio of -0.64 and a beta of 0.59. The firm's 50-day simple moving average is GBX 4,897.12 and its 200-day simple moving average is GBX 4,903.95. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.28. Rio Tinto Group has a fifty-two week low of GBX 4,509 ($58.28) and a fifty-two week high of GBX 5,854 ($75.66).
Analysts Set New Price Targets
RIO has been the topic of several research reports. JPMorgan Chase & Co. reissued a "not rated" rating on shares of Rio Tinto Group in a research report on Thursday, February 20th. Jefferies Financial Group reissued a "buy" rating and set a GBX 6,400 ($82.72) price objective on shares of Rio Tinto Group in a research report on Friday, December 6th. Citigroup reissued a "neutral" rating on shares of Rio Tinto Group in a research report on Friday, December 6th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 6,300 ($81.43) price objective on shares of Rio Tinto Group in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Rio Tinto Group presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 6,241.25 ($80.67).
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