Rio Tinto plc (LON:RIO) insider Christopher Lynch bought 26,066 shares of Rio Tinto stock in a transaction dated Friday, December 1st. The stock was purchased at an average cost of GBX 3,490 ($46.97) per share, for a total transaction of £909,703.40 ($1,224,365.28).

Rio Tinto plc (RIO) opened at GBX 3,440.50 ($46.31) on Friday. Rio Tinto plc has a 1-year low of GBX 2,882.50 ($38.80) and a 1-year high of GBX 4,226.56 ($56.89).

Several equities research analysts have recently weighed in on RIO shares. Macquarie reissued an “outperform” rating and issued a GBX 4,500 ($60.57) target price on shares of Rio Tinto in a research note on Wednesday, August 30th. J P Morgan Chase & Co increased their target price on shares of Rio Tinto from GBX 4,000 ($53.84) to GBX 4,100 ($55.18) and gave the company an “overweight” rating in a research note on Tuesday, September 5th. reissued a “buy” rating and issued a GBX 3,800 ($51.14) target price on shares of Rio Tinto in a research note on Wednesday, August 30th. Deutsche Bank increased their target price on shares of Rio Tinto from GBX 4,300 ($57.87) to GBX 4,500 ($60.57) and gave the company a “buy” rating in a research note on Friday, October 13th. Finally, Barclays increased their target price on shares of Rio Tinto from GBX 4,100 ($55.18) to GBX 4,500 ($60.57) and gave the company an “overweight” rating in a research note on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of GBX 3,987.25 ($53.66).

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Rio Tinto Company Profile

Rio Tinto plc is a mining and metals company. The Company’s business is finding, mining and processing mineral resources. The Company’s segments include Iron Ore, Aluminium, Copper & Diamonds, Energy & Minerals and Other Operations. The Company operates an iron ore business, supplying the global seaborne iron ore trade.

Insider Buying and Selling by Quarter for Rio Tinto (LON:RIO)

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