Rio Tinto (RIO)
(Real Time Quote from BATS)
$66.06 USD
-0.86 (-1.29%)
Updated Jun 14, 2024 09:48 AM ET
3-Hold of 5 3
A Value B Growth F Momentum B VGM
Rio Tinto (RIO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$86.50 | $97.00 | $76.00 | 29.26% |
Price Target
Based on short-term price targets offered by two analysts, the average price target for Rio Tinto comes to $86.50. The forecasts range from a low of $76.00 to a high of $97.00. The average price target represents an increase of 29.26% from the last closing price of $66.92.
Analyst Price Targets (2 )
Broker Rating
Rio Tinto currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 12 brokerage firms. The current ABR compares to an ABR of 1.33 a month ago based on 12 recommendations.
Of the 12 recommendations deriving the current ABR, nine are Strong Buy, representing 75% of all recommendations. A month ago, Strong Buy represented 83.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 10 | 10 | 10 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.50 | 1.50 | 1.33 | 1.33 | 1.33 |
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 |
---|---|---|---|---|
4/24/2024 | Berenberg Bank | Richard Hatch | Strong Buy | Strong Buy |
12/5/2023 | Exane BNP Paribas | Sylvain Brunet | Hold | Strong Buy |
8/9/2023 | Macquarie Capital Securities | Hayden Bairstow | Hold | Hold |
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 | 1.50 |
ABR (Last week) | 1.50 |
# of Recs in ABR | 12 |
Average Target Price | $86.50 |
LT Growth Rate | 1.60% |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 202 of 252 |
Current Quarter EPS Est: | NA |