Peter Cunningham Sells 621 Shares of Rio Tinto Group (LON:RIO) Stock

Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 621 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of GBX 5,076 ($64.33), for a total value of £31,521.96 ($39,951.79).

Rio Tinto Group Price Performance

Shares of RIO stock opened at GBX 4,840 ($61.34) on Wednesday. The firm has a fifty day moving average of GBX 4,874.92 and a two-hundred day moving average of GBX 4,910.49. The firm has a market cap of £101.56 billion, a P/E ratio of 9.16, a P/E/G ratio of -0.64 and a beta of 0.59. Rio Tinto Group has a 1-year low of GBX 4,509 ($57.15) and a 1-year high of GBX 5,854 ($74.20). The company has a debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34.

Analyst Ratings Changes

RIO has been the topic of a number of recent research reports. Berenberg Bank reissued a “buy” rating and set a GBX 6,300 ($79.85) target price on shares of Rio Tinto Group in a research report on Thursday, February 20th. Citigroup reiterated a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th. Jefferies Financial Group restated a “buy” rating and set a GBX 6,400 ($81.12) target price on shares of Rio Tinto Group in a research note on Friday, December 6th. Finally, JPMorgan Chase & Co. reaffirmed a “not rated” rating on shares of Rio Tinto Group in a research report on Thursday, February 20th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Rio Tinto Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 6,241.25 ($79.10).

Rio Tinto Group Company Profile