Jakob Stausholm Sells 4 Shares of Rio Tinto Group (LON:RIO) Stock

Rio Tinto Group (LON:RIO - Get Free Report) insider Jakob Stausholm sold 4 shares of the company's stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of GBX 4,473 ($60.42), for a total value of £178.92 ($241.69).

Rio Tinto Group Trading Down 0.3%

RIO stock traded down GBX 14.50 ($0.20) on Friday, hitting GBX 4,705 ($63.56). 3,551,682 shares of the company were exchanged, compared to its average volume of 5,838,556. Rio Tinto Group has a twelve month low of GBX 4,024.50 ($54.36) and a twelve month high of GBX 5,474 ($73.94). The company has a debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34. The business's fifty day moving average is GBX 4,400.90 and its two-hundred day moving average is GBX 4,613.53. The stock has a market capitalization of £98.73 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59.

Analysts Set New Price Targets

Several research firms have recently weighed in on RIO. Royal Bank Of Canada reaffirmed a "neutral" rating and set a GBX 4,700 ($63.49) target price on shares of Rio Tinto Group in a report on Tuesday, July 15th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Rio Tinto Group in a report on Thursday, July 17th. Berenberg Bank reaffirmed a "hold" rating and set a GBX 4,700 ($63.49) target price on shares of Rio Tinto Group in a research note on Thursday, July 17th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Rio Tinto Group from GBX 5,500 ($74.29) to GBX 5,300 ($71.59) and set a "buy" rating on the stock in a research report on Wednesday, July 2nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 5,488.33 ($74.14).

Rio Tinto Group Company Profile