Rio Tinto Group (LON:RIO) Insider Buys £24,871.20 in Stock

Rio Tinto Group (LON:RIO) insider Ngaire Woods purchased 516 shares of the business’s stock in a transaction dated Thursday, March 6th. The shares were purchased at an average price of GBX 4,820 ($62.31) per share, with a total value of £24,871.20 ($32,149.95).

Rio Tinto Group Stock Performance

Shares of RIO stock opened at GBX 4,802.50 ($62.08) on Monday. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 25.28. Rio Tinto Group has a 52 week low of GBX 4,509 ($58.29) and a 52 week high of GBX 5,854 ($75.67). The stock has a market capitalization of £100.77 billion, a PE ratio of 9.09, a P/E/G ratio of -0.64 and a beta of 0.59. The firm has a 50 day moving average of GBX 4,897.12 and a two-hundred day moving average of GBX 4,903.58.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 6,300 ($81.44) target price on shares of Rio Tinto Group in a 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 reiterated a “buy” rating and issued a GBX 6,400 ($82.73) target price on shares of Rio Tinto Group in a report on Friday, December 6th. Finally, JPMorgan Chase & Co. reiterated a “not rated” rating on shares of Rio Tinto Group in a report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Rio Tinto Group has a consensus rating of “Moderate Buy” and an average price target of GBX 6,241.25 ($80.68).

About Rio Tinto Group