Rio Tinto Group (LON:RIO) Insider Ngaire Woods Acquires 516 Shares

Rio Tinto Group (LON:RIO) insider Ngaire Woods acquired 516 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of GBX 4,820 ($62.30) per share, with a total value of £24,871.20 ($32,145.79).

Rio Tinto Group Price Performance

Shares of RIO opened at GBX 4,802.50 ($62.07) on Friday. Rio Tinto Group has a twelve month low of GBX 4,509 ($58.28) and a twelve month high of GBX 5,854 ($75.66). The firm’s fifty day simple moving average is GBX 4,897.12 and its 200-day simple moving average is GBX 4,903.95. The firm has a market capitalization of £100.77 billion, a price-to-earnings ratio of 9.09, a PEG ratio of -0.64 and a beta of 0.59. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 25.28.

Analyst Ratings Changes

A number of research firms recently weighed in on RIO. JPMorgan Chase & Co. reaffirmed a “not rated” rating on shares of Rio Tinto Group in a research report on Thursday, February 20th. Berenberg Bank reissued a “buy” rating and issued a GBX 6,300 ($81.43) price target on shares of Rio Tinto Group in a research report on Thursday, February 20th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,400 ($82.72) price target on shares of Rio Tinto Group in a research report on Friday, December 6th. Finally, Citigroup reissued a “neutral” rating on shares of Rio Tinto Group in a research report on Friday, December 6th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Rio Tinto Group presently has an average rating of “Moderate Buy” and an average price target of GBX 6,241.25 ($80.67).

Rio Tinto Group Company Profile