Rio Tinto Group (LON:RIO) Insider Peter Cunningham Sells 4 Shares of Stock

Rio Tinto Group (LON:RIOGet Rating) insider Peter Cunningham sold 4 shares of the stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of GBX 6,133 ($74.84), for a total transaction of £245.32 ($299.35).

Rio Tinto Group Price Performance

Shares of LON RIO opened at GBX 6,213 ($75.81) on Friday. The firm has a 50-day simple moving average of GBX 5,743.32 and a 200-day simple moving average of GBX 5,150.09. The stock has a market capitalization of £100.70 billion and a price-to-earnings ratio of 701.24. The company has a quick ratio of 1.34, a current ratio of 1.79 and a debt-to-equity ratio of 22.52. Rio Tinto Group has a 52 week low of GBX 4,424.50 ($53.99) and a 52 week high of GBX 6,343 ($77.40).

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 4,700 ($57.35) price target on shares of Rio Tinto Group in a report on Wednesday. Citigroup downgraded shares of Rio Tinto Group to a “neutral” rating in a report on Friday, December 2nd. Deutsche Bank Aktiengesellschaft set a GBX 6,200 ($75.66) price target on shares of Rio Tinto Group in a report on Tuesday, January 10th. StockNews.com started coverage on shares of Rio Tinto Group in a report on Wednesday, October 12th. They set a “buy” rating on the stock. Finally, Barclays set a GBX 5,800 ($70.77) price objective on shares of Rio Tinto Group in a research report on Thursday, January 12th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Rio Tinto Group has an average rating of “Hold” and a consensus target price of GBX 5,965 ($72.79).

Rio Tinto Group Company Profile

(Get Rating)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities.

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