Rio Tinto (RIO)
(Real Time Quote from BATS)
$63.90 USD
+0.33 (0.52%)
Updated Sep 23, 2024 09:54 AM ET
3-Hold of 5 3
A Value B Growth C Momentum A VGM
Rio Tinto (RIO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$84.33 | $98.00 | $74.00 | 32.66% |
Price Target
Based on short-term price targets offered by three analysts, the average price target for Rio Tinto comes to $84.33. The forecasts range from a low of $74.00 to a high of $98.00. The average price target represents an increase of 32.66% from the last closing price of $63.57.
Analyst Price Targets (3 )
Broker Rating
Rio Tinto currently has an average brokerage recommendation (ABR) of 1.77 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 1.71 a month ago based on 14 recommendations.
Of the 13 recommendations deriving the current ABR, eight are Strong Buy, representing 61.54% of all recommendations. A month ago, Strong Buy represented 64.29%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 9 | 9 | 8 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 5 | 5 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.77 | 1.77 | 1.71 | 1.62 | 1.67 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/1/2024 | UBS | Myles Allsop | Hold | Hold |
7/31/2024 | Goldman Sachs | Paul Young | Strong Buy | Strong Buy |
7/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/31/2024 | Not Identified | Not Identified | Not Available | Hold |
7/23/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/27/2024 | Berenberg Bank | Richard Hatch | Strong Buy | Hold |
6/21/2024 | Macquarie Capital Securities | Robert Stein | Hold | Hold |
5/20/2024 | Not Identified | Not Identified | Strong Buy | Hold |
4/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.77 |
ABR (Last week) | 1.77 |
# of Recs in ABR | 13 |
Average Target Price | $84.33 |
LT Growth Rate | 24.10% |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 164 of 253 |
Current Quarter EPS Est: | NA |
RIO FAQs
Rio Tinto PLC (RIO) currently has an average brokerage recommendation (ABR) of 1.77 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms.
The average price target for Rio Tinto PLC (RIO) is $84.33. The current on short-term price targets is based on 3 reports.
The forecasts for Rio Tinto PLC (RIO) range from a low of $74 to a high of $98. The average price target represents a increase of $32.66 from the last closing price of $63.57.
The current UPSIDE for Rio Tinto PLC (RIO) is 32.66%
Based on short-term price targets offered by three analysts, the average price target for Rio Tinto comes to $84.33. The forecasts range from a low of $74.00 to a high of $98.00. The average price target represents an increase of 32.66% from the last closing price of $63.57.