Rio Tinto Group’s (RIO) Not Rated Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their not rated rating on shares of Rio Tinto Group (LON:RIO) in a research note issued to investors on Thursday, Marketbeat reports.

A number of other research analysts have also issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,400 ($81.09) target price on shares of Rio Tinto Group in a report on Friday, December 6th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 6,300 ($79.83) price target on shares of Rio Tinto Group in a report on Thursday. Finally, Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 6,241.25 ($79.08).

Rio Tinto Group Trading Up 0.9 %

LON:RIO opened at GBX 5,108 ($64.72) on Thursday. The firm has a market cap of £107.18 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The stock has a fifty day moving average price of GBX 4,867.56 and a 200 day moving average price of GBX 4,910.36. Rio Tinto Group has a 12-month low of GBX 4,509 ($57.13) and a 12-month high of GBX 5,854 ($74.18). The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 25.28.

Insider Transactions at Rio Tinto Group

In other news, insider Jakob Stausholm sold 6,489 shares of Rio Tinto Group stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of GBX 4,988 ($63.20), for a total transaction of £323,671.32 ($410,125.85). Insiders own 14.62% of the company’s stock.

Rio Tinto Group Company Profile