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 firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of GBX 5,076 ($64.38), for a total transaction of £31,521.96 ($39,977.12).

Rio Tinto Group Price Performance

Shares of LON:RIO opened at GBX 4,884.50 ($61.95) on Thursday. The firm has a market cap of £102.49 billion, a PE ratio of 9.25, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The firm’s fifty day moving average is GBX 4,877.47 and its 200-day moving average is GBX 4,910.31. The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70. Rio Tinto Group has a 52 week low of GBX 4,509 ($57.18) and a 52 week high of GBX 5,854 ($74.24).

Wall Street Analyst Weigh In

RIO has been the topic of a number of research analyst reports. JPMorgan Chase & Co. restated a “not rated” rating on shares of Rio Tinto Group in a research report on Thursday, February 20th. Jefferies Financial Group restated a “buy” rating and issued a GBX 6,400 ($81.17) target price on shares of Rio Tinto Group in a research report on Friday, December 6th. Berenberg Bank restated a “buy” rating and issued a GBX 6,300 ($79.90) target price on shares of Rio Tinto Group in a research report on Thursday, February 20th. Finally, Citigroup restated a “neutral” rating on shares of Rio Tinto Group in a research report on Friday, December 6th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Rio Tinto Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 6,241.25 ($79.15).

Rio Tinto Group Company Profile