Peter Cunningham Sells 3 Shares of Rio Tinto Group (LON:RIO) Stock

Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 3 shares of the business’s stock in a transaction on Tuesday, April 22nd. The stock was sold at an average price of GBX 4,433 ($59.03), for a total transaction of £132.99 ($177.08).

Peter Cunningham also recently made the following trade(s):

• On Thursday, February 20th, Peter Cunningham sold 621 shares of Rio Tinto Group stock. The stock was sold at an average price of GBX 5,076 ($67.59), for a total value of £31,521.96 ($41,973.32).

Rio Tinto Group Price Performance

RIO stock opened at GBX 4,550 ($60.59) on Friday. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 25.28. Rio Tinto Group has a 12 month low of GBX 4,024.50 ($53.59) and a 12 month high of GBX 5,854 ($77.95). The stock has a market cap of £95.48 billion, a PE ratio of 8.61, a P/E/G ratio of -0.64 and a beta of 0.59. The company has a 50-day moving average price of GBX 4,649.48 and a 200 day moving average price of GBX 4,837.05.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on RIO shares. Berenberg Bank restated a “buy” rating and set a GBX 6,200 ($82.56) price target on shares of Rio Tinto Group in a report on Wednesday, April 16th. JPMorgan Chase & Co. reissued a “not rated” rating on shares of Rio Tinto Group in a report on Thursday, February 20th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 6,228.75 ($82.94).

Rio Tinto Group Company Profile