Rio Tinto (RIO)
(Delayed Data from NYSE)
$66.35 USD
-0.31 (-0.47%)
Updated Oct 9, 2024 04:00 PM ET
After-Market: $66.16 -0.19 (-0.29%) 7:14 PM ET
4-Sell of 5 4
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 |
---|---|---|---|
$81.33 | $95.00 | $71.00 | 22.01% |
Price Target
Based on short-term price targets offered by four analysts, the average price target for Rio Tinto comes to $81.33. The forecasts range from a low of $71.00 to a high of $95.00. The average price target represents an increase of 22.01% from the last closing price of $66.66.
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 1.77 a month ago based on 13 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 61.54%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 8 | 9 | 8 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 5 | 5 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.62 | 1.62 | 1.77 | 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) | 1.62 |
# of Recs in ABR | 13 |
Average Target Price | $81.33 |
LT Growth Rate | 24.10% |
Industry | Mining - Miscellaneous |
Industry Rank by ABR | 199 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 $81.33. The current on short-term price targets is based on 3 reports.
The forecasts for Rio Tinto PLC (RIO) range from a low of $71 to a high of $95. The average price target represents a increase of $22.01 from the last closing price of $66.66.
The current UPSIDE for Rio Tinto PLC (RIO) is 22.01%
Based on short-term price targets offered by four analysts, the average price target for Rio Tinto comes to $81.33. The forecasts range from a low of $71.00 to a high of $95.00. The average price target represents an increase of 22.01% from the last closing price of $66.66.