Rio Tinto Group (LON:RIO) Insider Jakob Stausholm Sells 4 Shares

Rio Tinto Group (LON:RIO) insider Jakob Stausholm sold 4 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of GBX 5,004 ($61.60), for a total transaction of £200.16 ($246.41).

Jakob Stausholm also recently made the following trade(s):

• On Monday, December 2nd, Jakob Stausholm sold 6,489 shares of Rio Tinto Group stock. The stock was sold at an average price of GBX 4,988 ($61.41), for a total value of £323,671.32 ($398,462.78).

Rio Tinto Group Stock Down 0.4 %

Shares of RIO opened at GBX 5,001 ($61.57) on Thursday. The company has a debt-to-equity ratio of 25.01, 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 ($55.51) and a 52 week high of GBX 5,854 ($72.07). The stock has a market capitalization of £62.51 billion, a price-to-earnings ratio of 992.26, a PEG ratio of -0.64 and a beta of 0.59. The stock has a fifty day moving average of GBX 4,858.52 and a 200-day moving average of GBX 4,942.25.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,400 ($78.79) price objective on shares of Rio Tinto Group in a research note on Friday, December 6th. Berenberg Bank restated a “buy” rating and set a GBX 6,000 ($73.86) price objective on shares of Rio Tinto Group in a research report on Wednesday, December 11th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto Group in a research note on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 6,203.75 ($76.37).

Rio Tinto Group Company Profile