Rio Tinto Group (LON:RIO) Receives “Not Rated” Rating from JPMorgan Chase & Co.

Rio Tinto Group (LON:RIO)‘s stock had its “not rated” rating reiterated by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

A number of other analysts have also recently commented on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 6,300 ($79.60) price target on shares of Rio Tinto Group in a research report on Thursday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,400 ($80.86) price objective on shares of Rio Tinto Group in a research note on Friday, December 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a research note on Friday, December 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Rio Tinto Group presently has a consensus rating of “Moderate Buy” and an average target price of GBX 6,241.25 ($78.85).

Rio Tinto Group Stock Up 0.4 %

Shares of LON RIO opened at GBX 5,082 ($64.21) on Thursday. Rio Tinto Group has a 52-week low of GBX 4,509 ($56.97) and a 52-week high of GBX 5,854 ($73.96). 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’s 50 day moving average price is GBX 4,871.20 and its 200-day moving average price is GBX 4,911.82. The company has a market capitalization of £106.64 billion, a P/E ratio of 9.62, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59.

Insider Transactions at Rio Tinto Group

In other Rio Tinto Group news, insider Jakob Stausholm sold 6,489 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of GBX 4,988 ($63.02), for a total transaction of £323,671.32 ($408,934.07). Insiders own 14.62% of the company’s stock.

Rio Tinto Group Company Profile