Rio Tinto (RIO) Given a GBX 4,050 Price Target at Societe Generale

Rio Tinto (LON:RIO) has been given a GBX 4,050 ($56.85) target price by investment analysts at Societe Generale in a note issued to investors on Monday. The firm presently has a “buy” rating on the stock. Societe Generale’s price objective indicates a potential upside of 13.49% from the company’s current price.

Several other research analysts have also recently issued reports on the company. JPMorgan Chase set a GBX 4,200 ($58.96) target price on Rio Tinto and gave the stock a “neutral” rating in a research report on Monday. Liberum Capital reaffirmed a “sell” rating and issued a GBX 2,750 ($38.60) price objective on shares of Rio Tinto in a research note on Monday. BNP Paribas raised their price objective on Rio Tinto from GBX 3,650 ($51.24) to GBX 4,000 ($56.15) and gave the stock a “neutral” rating in a research note on Friday. Deutsche Bank reaffirmed a “buy” rating on shares of Rio Tinto in a research note on Friday. Finally, Citigroup reaffirmed a “buy” rating on shares of Rio Tinto in a research note on Wednesday, April 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 4,140.79 ($58.12).

How to Become a New Pot Stock Millionaire

Shares of LON:RIO opened at GBX 3,568.50 ($50.09) on Monday. Rio Tinto has a 52-week low of GBX 2,882.50 ($40.46) and a 52-week high of GBX 4,226.56 ($59.33).

In other Rio Tinto news, insider Christopher Lynch sold 9,505 shares of Rio Tinto stock in a transaction that occurred on Monday, February 19th. The stock was sold at an average price of GBX 4,072 ($57.16), for a total value of £387,043.60 ($543,295.34).

COPYRIGHT VIOLATION WARNING: “Rio Tinto (RIO) Given a GBX 4,050 Price Target at Societe Generale” was originally published by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3343244/rio-tinto-rio-given-a-gbx-4050-price-target-at-societe-generale.html.

About Rio Tinto

Rio Tinto plc, a mining and metals company, explores for, develops, produces, and processes minerals and metals worldwide. It finds, mines, and processes mineral resources, including aluminum, copper, diamonds, gold, industrial minerals (borates, titanium dioxide, and salt), iron ore, thermal and metallurgical coal, and uranium, as well as sulphuric acid, rhenium, lead carbonate, and selenium.

Analyst Recommendations for Rio Tinto (LON:RIO)

Receive News & Ratings for Rio Tinto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Gazit Globe  and Getty Realty  Head to Head Survey
Gazit Globe and Getty Realty Head to Head Survey
RTI Surgical  & Coloplast  Critical Contrast
RTI Surgical & Coloplast Critical Contrast
Under Armour  versus Next  Head to Head Review
Under Armour versus Next Head to Head Review
Scientific Games Co.  Expected to Announce Earnings of -$0.24 Per Share
Scientific Games Co. Expected to Announce Earnings of -$0.24 Per Share
-$0.09 Earnings Per Share Expected for Pluristem Therapeutics Inc.  This Quarter
-$0.09 Earnings Per Share Expected for Pluristem Therapeutics Inc. This Quarter
Digital Money Bits Price Down 10% Over Last 24 Hours
Digital Money Bits Price Down 10% Over Last 24 Hours


Leave a Reply

© 2006-2018 Ticker Report. Google+.