Rio Tinto Group (LON:RIO) Rating Increased to Buy at Berenberg Bank

Rio Tinto Group (LON:RIO) was upgraded by investment analysts at Berenberg Bank to a “buy” rating in a report released on Thursday,Digital Look reports. The brokerage presently has a GBX 8,600 price objective on the stock, up from their previous price objective of GBX 8,100. Berenberg Bank’s target price points to a potential upside of 20.40% from the stock’s previous close.

Several other analysts have also issued reports on the company. Citigroup lowered their target price on Rio Tinto Group from GBX 8,280 to GBX 8,250 and set a “neutral” rating on the stock in a research note on Friday, July 10th. JPMorgan Chase & Co. cut their price target on Rio Tinto Group from GBX 8,270 to GBX 8,200 and set a “neutral” rating for the company in a research note on Tuesday. Jefferies Financial Group reissued a “hold” rating and issued a GBX 8,500 price objective on shares of Rio Tinto Group in a report on Tuesday, June 9th. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 6,100 price objective on shares of Rio Tinto Group in a research note on Wednesday. Finally, Shore Capital Group dropped their price objective on shares of Rio Tinto Group from GBX 7,400 to GBX 6,900 and set a “hold” rating on the stock in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Rio Tinto Group has an average rating of “Hold” and an average price target of GBX 7,707.14.

Rio Tinto Group Price Performance

Rio Tinto Group stock opened at GBX 7,143 on Thursday. The business’s 50 day simple moving average is GBX 7,317.84 and its 200 day simple moving average is GBX 7,139.64. Rio Tinto Group has a 12 month low of GBX 4,344.50 and a 12 month high of GBX 8,325. The company has a market cap of £116.16 billion, a price-to-earnings ratio of 11.74, a PEG ratio of -0.64 and a beta of 0.65. The company has a current ratio of 1.44, a quick ratio of 1.34 and a debt-to-equity ratio of 37.79.

Insider Activity

In other Rio Tinto Group news, insider Peter Cunningham sold 4 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of GBX 6,640, for a total transaction of £265.60. 0.10% of the stock is currently owned by corporate insiders.

More Rio Tinto Group News

Here are the key news stories impacting Rio Tinto Group this week:

• Positive Sentiment: Strong H1 results and larger dividend: Rio Tinto reported higher first-half underlying earnings and revenue, supported by stronger metal prices and restructuring-related cost savings. The company also announced its highest interim dividend in four years, improving the income case for investors. Rio Tinto Half-Year Profit Soars On Metal Prices, Cost Cuts
• Positive Sentiment: Copper and lithium support the outlook: Coverage highlighted strong contributions from copper and lithium, commodities that could benefit from electrification, energy infrastructure and data-center demand. Chief Executive Jakob Stausholm is also emphasizing additional cost reductions and positioning Rio Tinto as a potential beneficiary of the artificial-intelligence investment boom. Rio Tinto posts strong H1 2026 earnings, boosts dividend as copper and lithium shine Rio Tinto’s CEO focused on cost cuts, says mining giant is good bet in AI boom
• Positive Sentiment: Constructive investor commentary: An independent analysis argued that Rio Tinto is positioned for further upside, reinforcing the bullish reaction to the earnings and commodity-price backdrop. Rio Tinto Group Is Positioned Just Right For More Upside
• Neutral Sentiment: Mixed broker signals: JPMorgan retained a neutral rating while trimming its price target modestly to GBX 8,200 from GBX 8,270. Digital Look broker views
• Negative Sentiment: RBC remains bearish: Royal Bank of Canada reaffirmed its “underperform” rating and set a GBX 6,100 target, signaling concern that the shares may be ahead of fundamentals despite the strong results. Digital Look broker views

About Rio Tinto Group

We operate in 35 countries where our 60,000 employees are working to find better ways to provide the materials the world needs. Our portfolio includes iron ore, copper, aluminium and a range of other minerals and materials needed for people, communities and nations to grow and prosper, and for the world to cut carbon emissions to net zero. We continuously search for new projects that can support the energy transition, currently exploring for 7 commodities in 17 countries.

We have more than 150 years of mining and processing experience guiding our work.