Analyst Price Target is $72.00
▲ +4.48% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Rio Tinto Group in the last 3 months. The average price target is $72.00, with a high forecast of $72.00 and a low forecast of $72.00. The average price target represents a 4.48% upside from the last price of $68.91.
Current Consensus is
Moderate Buy
The current consensus among 9 polled investment analysts is to moderate buy stock in Rio Tinto Group. This Moderate Buy consensus rating has held steady for over two years.
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. The Minerals segment is involved in mining and processing of borates, titanium dioxide feedstock, and iron concentrate and pellets; diamond mining, sorting, and marketing; and development projects for battery materials, such as lithium. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.
Read More
