Rio Tinto Group (LON:RIO) Insider Peter Cunningham Sells 6 Shares

Key Points

  • Peter Cunningham sold 6 shares of Rio Tinto on April 17 at an average price of GBX 7,311, for a total of £438.66.
  • Rio Tinto has a market cap of £118.55 billion, a P/E of 11.98 and a 52-week range of GBX 4,110–7,575; analysts hold an average "Hold" rating with an average target of GBX 6,190 (targets range ~GBX 5,300–7,200).

Rio Tinto Group (LON:RIO - Get Free Report) insider Peter Cunningham sold 6 shares of the company's stock in a transaction on Friday, April 17th. The shares were sold at an average price of GBX 7,311, for a total transaction of £438.66.

Rio Tinto Group Price Performance

Rio Tinto Group stock opened at GBX 7,290 on Wednesday. The company has a market cap of £118.55 billion, a price-to-earnings ratio of 11.98, a PEG ratio of -0.64 and a beta of 0.64. The firm's fifty day moving average is GBX 7,012.81 and its 200 day moving average is GBX 6,213.49. The company has a quick ratio of 1.34, a current ratio of 1.44 and a debt-to-equity ratio of 39.51. Rio Tinto Group has a 52-week low of GBX 4,110 and a 52-week high of GBX 7,575.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 6,400 price target on shares of Rio Tinto Group in a research note on Friday, April 17th. Citigroup upped their price target on shares of Rio Tinto Group from GBX 7,000 to GBX 7,200 and gave the company a "neutral" rating in a research note on Monday, April 13th. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 5,300 price target on shares of Rio Tinto Group in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Rio Tinto Group has an average rating of "Hold" and an average target price of GBX 6,190.




View Our Latest Research Report on RIO

About Rio Tinto Group

(Get Free Report)

We operate in 35 countries where our 60,000 employees are working to find better ways to provide the materials the world needs. Our portfolio includes iron ore, copper, aluminium and a range of other minerals and materials needed for people, communities and nations to grow and prosper, and for the world to cut carbon emissions to net zero. We continuously search for new projects that can support the energy transition, currently exploring for 7 commodities in 17 countries. We have more than 150 years of mining and processing experience guiding our work.

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