Rio Tinto plc (LON:RIO) insider Christopher Lynch sold 9,505 shares of the business’s stock in a transaction dated Monday, February 19th. The stock was sold at an average price of GBX 4,072 ($56.26), for a total value of £387,043.60 ($534,738.33).
Christopher Lynch also recently made the following trade(s):
- On Friday, December 1st, Christopher Lynch acquired 26,066 shares of Rio Tinto stock. The shares were acquired at an average cost of GBX 3,490 ($48.22) per share, with a total value of £909,703.40 ($1,256,843.60).
Rio Tinto plc (LON:RIO) opened at GBX 4,001.50 ($55.28) on Friday. The company has a market capitalization of $71,720.00 and a P/E ratio of 1,146.56. Rio Tinto plc has a twelve month low of GBX 2,882.50 ($39.82) and a twelve month high of GBX 4,226.56 ($58.39).
Several equities analysts recently weighed in on the company. Goldman Sachs Group set a GBX 3,300 ($45.59) price objective on Rio Tinto and gave the stock a “neutral” rating in a research report on Monday, February 5th. Royal Bank of Canada set a GBX 4,200 ($58.03) price objective on Rio Tinto and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Liberum Capital reissued a “sell” rating and set a GBX 2,750 ($37.99) price objective on shares of Rio Tinto in a research report on Wednesday, February 7th. HSBC cut their price objective on Rio Tinto from GBX 4,300 ($59.41) to GBX 4,100 ($56.65) and set a “hold” rating for the company in a research report on Thursday, February 8th. Finally, UBS Group set a GBX 4,000 ($55.26) price objective on Rio Tinto and gave the stock a “buy” rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company. Rio Tinto has an average rating of “Buy” and an average target price of GBX 4,127.63 ($57.03).
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Rio Tinto Company Profile
Rio Tinto plc is a mining and metals company. The Company’s business is finding, mining and processing mineral resources. The Company’s segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade.
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