Exane BNP Paribas Has Just Reaffirmed GBX 2100.00 Target Price Per Share on Rio Tinto PLC (LON:RIO) stock, While They’ve Also Reiterated Their “Neutral” Rating

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Rio Tinto PLC (LON:RIO) Rating Reaffirmed

Rio Tinto PLC (LON:RIO) just had their share rating of a ‘”Neutral”‘ issued by research analysts at Exane BNP Paribas, who now has a GBX 2100.00 TP on the 34.64B GBP market cap company or a 10.76% upside potential. This key information was disclosed to clients in a recent research report on 16 December.

From a total of 27 analysts covering Rio Tinto PLC (LON:RIO) stock, 19 rate it a ”Buy”, 4 a “Sell”, and 5 a ”Hold”. This means that 68% of the ratings are positive. The highest target price is GBX 52.99 while the lowest target price is GBX 27.63. The mean of all analyst targets is GBX 39.18 with a 36.47% above today’s (GBX 1914.51) stock price. Rio Tinto PLC was the topic of 148 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 16 with “Speculative Buy” rating. Bernstein maintained shares with “Outperform” rating and GBX 2520 target share price in a report from a December 14. Deutsche Bank maintained RIO stock in a recent report from December 16 with “Buy” rating. UBS maintained the rating on December 9. UBS has a “Buy” rating and a GBX 2700 price target on shares. Finally, Credit Suisse maintained the stock with “Neutral” rating in a report issued on a December 15.

Approximately 1.49M shares of stock traded hands. Rio Tinto plc (LON:RIO) has declined 33.98% since May 19, 2015 and is downtrending. It has underperformed by 31.36% the S&P500.

Exane BNP Paribas Has Just Reaffirmed GBX 2100.00 Target Price Per Share on Rio Tinto PLC (LON:RIO) stock, While They’ve Also Reiterated Their

Rio Tinto plc is a global mining company. The company has a market cap of 34.64 billion GBP. Rio Tinto focuses on finding, mining, and processing the Earth’s mineral resources. It has 18.38 P/E ratio. The Firm operates through five product groups, including aluminum, copper, diamonds and minerals, energy product and iron ore.

According to Zacks Investment Research, “Rio Tinto PLC is an international mining company. The Company has interests in mining for aluminum, borax, coal, copper, gold, iron ore, lead, silver, tin, uranium, zinc, titanium, dioxide feedstock, diamonds, talc and zircon. RTZ’s various mining operations are located in New Zealand, Australia, South Africa, Europe and Canada.”

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