Rio Tinto Group (LON:RIO) Given Consensus Rating of “Moderate Buy” by Analysts

Posted by Trevor Kearing on Feb 4th, 2025

Rio Tinto Group (LON:RIO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 6,203.75 ($77.18).

Several brokerages recently weighed in on RIO. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,000 ($74.65) price target on shares of Rio Tinto Group in a research report on Wednesday, December 11th. Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a research report on Friday, December 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 6,400 ($79.62) price target on shares of Rio Tinto Group in a research report on Friday, December 6th.

Check Out Our Latest Research Report on RIO

Rio Tinto Group Price Performance

RIO stock opened at GBX 4,846 ($60.29) on Thursday. The stock has a market capitalization of £60.58 billion, a PE ratio of 961.51, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company’s 50-day moving average is GBX 4,861.59 and its 200-day moving average is GBX 4,920.98. The company has a debt-to-equity ratio of 25.01, a current ratio of 1.70 and a quick ratio of 1.34. Rio Tinto Group has a 1 year low of GBX 4,509 ($56.10) and a 1 year high of GBX 5,854 ($72.83).

Insider Transactions at Rio Tinto Group

In related news, insider Jakob Stausholm sold 6,489 shares of Rio Tinto Group stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of GBX 4,988 ($62.06), for a total value of £323,671.32 ($402,676.44). Company insiders own 14.62% of the company’s stock.