Rio Tinto Plc (NYSE:RIO) shares traded 0.51% up during most recent session to reach at the closing price of $60.77. The stock exchanged hands 1.39 Million shares versus average trading capacity of 3.26 Million shares, yielding a market cap of $102.14 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $63.37 within the next 52-weeks. The mean target projections are based on 4 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Rio Tinto Plc (NYSE:RIO) high price target of $69 and with a conservative view have low price target of $57.21.
Vertical Research “Upgrades” Rio Tinto Plc (NYSE:RIO) in a research note issued to investors on 4/04/19 to Hold with price target of $0.
Additionally on 3/07/19 Societe Generale “Downgrades” Rio Tinto Plc (NYSE:RIO) to Sell setting price target at $0 and on 3/06/19 UBS “Downgrades” the stock to Neutral at $0. Furthermore on 3/01/19 HSBC “Downgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 57.08 along with Average True Range (ATR 14) of 1.01, Consequently Rio Tinto Plc (NYSE:RIO)’s weekly and monthly volatility is 1.55%, 1.25% respectively. The company’s beta value is at 0.88.
In terms of Buy, Sell or Hold recommendations, Rio Tinto Plc (NYSE:RIO) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Currently Rio Tinto Plc (NYSE:RIO)’s shares owned by insiders are 6.5%, whereas shares owned by institutional owners are 8.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.42%.
Rio Tinto Plc (NYSE:RIO)’s trailing twelve month revenues are $40.52 Billion, whereas its price to sales ratio for the same period is 2.52. Its book value per share for the most recent quarter is $25.73 while its price to book ratio for the same period is 2.36, as for as the company’s cash per share for the most recent quarter is $8.01, however its price to cash per share ratio for the same period is 7.59. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 7.68.