Rio Tinto Group (LON:RIO) Given New GBX 5,300 Price Target at Deutsche Bank Aktiengesellschaft

Rio Tinto Group (LON:RIO) had its target price reduced by Deutsche Bank Aktiengesellschaft from GBX 5,500 ($75.06) to GBX 5,300 ($72.34) in a research report released on Wednesday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,200 ($84.62) target price on shares of Rio Tinto Group in a report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 5,655 ($77.18).

Rio Tinto Group Stock Performance

Shares of LON RIO opened at GBX 4,338.16 ($59.21) on Wednesday. The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70. The company has a market cap of £91.03 billion, a P/E ratio of 8.21, a P/E/G ratio of -0.64 and a beta of 0.59. The firm’s fifty day moving average is GBX 4,420.77 and its two-hundred day moving average is GBX 4,636.24. Rio Tinto Group has a 52-week low of GBX 4,024.50 ($54.93) and a 52-week high of GBX 5,474 ($74.71).

Rio Tinto Group Company Profile