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

Rio Tinto Group (LON:RIO) insider Jakob Stausholm sold 4 shares of the stock in a transaction dated Friday, January 17th. The stock was sold at an average price of GBX 5,004 ($61.81), for a total transaction of £200.16 ($247.23).

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 shares were sold at an average price of GBX 4,988 ($61.61), for a total value of £323,671.32 ($399,791.65).

Rio Tinto Group Stock Down 1.1 %

LON:RIO opened at GBX 4,947.50 ($61.11) on Friday. The company has a debt-to-equity ratio of 25.01, a current ratio of 1.70 and a quick ratio of 1.34. The firm’s 50-day moving average price is GBX 4,854.52 and its 200-day moving average price is GBX 4,942.66. The company has a market capitalization of £61.84 billion, a PE ratio of 981.65, a P/E/G ratio of -0.64 and a beta of 0.59. Rio Tinto Group has a 1-year low of GBX 4,509 ($55.69) and a 1-year high of GBX 5,854 ($72.31).

Analysts Set New Price Targets

Several research firms recently weighed in on RIO. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,400 ($79.05) price target on shares of Rio Tinto Group in a report on Friday, December 6th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 6,000 ($74.11) target price on shares of Rio Tinto Group in a research note on Wednesday, December 11th. Finally, Citigroup reiterated a “neutral” rating on shares of Rio Tinto Group in a research report on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 6,203.75 ($76.63).

About Rio Tinto Group