Insider Selling: Rio Tinto Group (LON:RIO) Insider Sells 4 Shares of Stock

Rio Tinto Group (LON:RIO - Get Free Report) insider Peter Cunningham sold 4 shares of the business's stock in a transaction dated Friday, July 18th. The stock was sold at an average price of GBX 4,473 ($60.30), for a total transaction of £178.92 ($241.20).

Rio Tinto Group Price Performance

Shares of LON RIO traded up GBX 111.75 ($1.51) during trading hours on Tuesday, hitting GBX 4,721.75 ($63.65). 19,707,316 shares of the stock were exchanged, compared to its average volume of 6,028,924. Rio Tinto Group has a 1-year low of GBX 4,024.50 ($54.25) and a 1-year high of GBX 5,474 ($73.79). The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70. The company has a market cap of £99.08 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company's fifty day simple moving average is GBX 4,400.35 and its two-hundred day simple moving average is GBX 4,612.64.

Analyst Ratings Changes

A number of research analysts have issued reports on RIO shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Rio Tinto Group from GBX 5,500 ($74.14) to GBX 5,300 ($71.45) and set a "buy" rating on the stock in a research report on Wednesday, July 2nd. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Rio Tinto Group in a research report on Thursday, July 17th. Royal Bank Of Canada reaffirmed a "neutral" rating and set a GBX 4,700 ($63.36) price objective on shares of Rio Tinto Group in a research note on Tuesday, July 15th. Finally, Berenberg Bank restated a "hold" rating and issued a GBX 4,700 ($63.36) price objective on shares of Rio Tinto Group in a report on Thursday, July 17th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 5,488.33 ($73.99).

Rio Tinto Group Company Profile

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