Rio Tinto (RIO)
(Delayed Data from NYSE)
$69.70 USD
-0.13 (-0.19%)
Updated Oct 4, 2024 04:00 PM ET
Pre-Market: $69.33 -0.37 (-0.53%) 8:50 AM ET
4-Sell of 5 4
A Value B Growth D Momentum A VGM
Rio Tinto (RIO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$80.83 | $95.00 | $71.00 | 15.97% |
Price Target
Based on short-term price targets offered by four analysts, the average price target for Rio Tinto comes to $80.83. The forecasts range from a low of $71.00 to a high of $95.00. The average price target represents an increase of 15.97% from the last closing price of $69.70.
Analyst Price Targets (4 )
Broker Rating
Rio Tinto currently has an average brokerage recommendation (ABR) of 1.62 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, nine are Strong Buy, representing 69.23% 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 | 9 | 8 | 9 | 9 | 8 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 5 | 5 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.62 | 1.77 | 1.71 | 1.71 | 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 |
---|---|---|---|---|
10/2/2024 | Berenberg Bank | Richard Hatch | Hold | Strong Buy |
9/30/2024 | Not Identified | Not Identified | Hold | Hold |
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 | Not Available | Hold |
7/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/23/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/21/2024 | Macquarie Capital Securities | Robert Stein | Hold | 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 | 1.62 |
ABR (Last week) | 1.77 |
# of Recs in ABR | 13 |
Average Target Price | $80.83 |
LT Growth Rate | 24.10% |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 204 of 252 |
Current Quarter EPS Est: | NA |
RIO FAQs
Rio Tinto PLC (RIO) currently has an average brokerage recommendation (ABR) of 1.62 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 $80.83. The current on short-term price targets is based on 3 reports.
The forecasts for Rio Tinto PLC (RIO) range from a low of $71 to a high of $95. The average price target represents a increase of $15.97 from the last closing price of $69.70.
The current UPSIDE for Rio Tinto PLC (RIO) is 15.97%
Based on short-term price targets offered by four analysts, the average price target for Rio Tinto comes to $80.83. The forecasts range from a low of $71.00 to a high of $95.00. The average price target represents an increase of 15.97% from the last closing price of $69.70.