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

Rio Tinto Group (LON:RIO) insider Ngaire Woods purchased 516 shares of the company’s stock in a transaction on Thursday, March 6th. The stock was acquired at an average cost of GBX 4,820 ($62.28) per share, for a total transaction of £24,871.20 ($32,137.49).

Rio Tinto Group Stock Performance

LON RIO opened at GBX 4,802.50 ($62.06) on Friday. The company has a fifty day moving average price of GBX 4,897.12 and a 200-day moving average price of GBX 4,903.77. The firm has a market cap 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 debt-to-equity ratio of 25.28, a current ratio of 1.70 and a quick ratio of 1.34. Rio Tinto Group has a 1 year low of GBX 4,509 ($58.26) and a 1 year high of GBX 5,854 ($75.64).

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 6,300 ($81.41) price target on shares of Rio Tinto Group in a research note on Thursday, February 20th. Citigroup reissued a “neutral” rating on shares of Rio Tinto Group in a research note on Friday, December 6th. JPMorgan Chase & Co. reissued a “not rated” rating on shares of Rio Tinto Group in a research note on Thursday, February 20th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,400 ($82.70) price target 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.com, Rio Tinto Group presently has an average rating of “Moderate Buy” and an average target price of GBX 6,241.25 ($80.65).

Rio Tinto Group Company Profile