Rio Tinto (RIO)
(Delayed Data from NYSE)
$65.06 USD
+0.73 (1.13%)
Updated Jul 26, 2024 04:00 PM ET
After-Market: $65.05 -0.01 (-0.02%) 7:58 PM ET
2-Buy of 5 2
A Value B Growth B 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 | 31.09% |
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 31.09% from the last closing price of $64.33.
Analyst Price Targets (3 )
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 1.67 a month ago based on 12 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 66.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 8 | 8 | 9 | 10 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 3 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.62 | 1.67 | 1.67 | 1.50 | 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 |
---|---|---|---|---|
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 |
1/12/2024 | Goldman Sachs | Paul Young | Not Available | Strong Buy |
12/5/2023 | Exane BNP Paribas | Sylvain Brunet | Hold | Strong Buy |
10/24/2023 | Not Identified | Not Identified | Hold | Strong Buy |
10/6/2023 | UBS | Myles Allsop | Strong Sell | 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 | 1.62 |
ABR (Last week) | 1.67 |
# of Recs in ABR | 13 |
Average Target Price | $84.33 |
LT Growth Rate | NA |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 189 of 252 |
Current Quarter EPS Est: | NA |