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Rio Tinto Group (LON:RIO - Get Rating) has earned an average recommendation of "Hold" from the thirteen analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 5,346.92 ($64.61).

A number of analysts recently weighed in on the stock. The Goldman Sachs Group set a GBX 5,700 ($68.87) price objective on shares of Rio Tinto Group in a research report on Wednesday, July 20th. Deutsche Bank Aktiengesellschaft set a GBX 5,800 ($70.08) target price on shares of Rio Tinto Group in a research note on Wednesday, June 29th. Royal Bank of Canada set a GBX 4,700 ($56.79) target price on shares of Rio Tinto Group in a research report on Wednesday, August 31st. Berenberg Bank set a GBX 4,300 ($51.96) target price on shares of Rio Tinto Group in a research report on Tuesday, September 6th. Finally, set a GBX 5,800 ($70.08) target price on shares of Rio Tinto Group in a research report on Thursday, July 28th.Insider Buying and Selling at Rio Tinto Group

In related news, insider Jakob Stausholm bought 10,000 shares of the business's stock in a transaction on Thursday, July 28th. The shares were bought at an average price of GBX 4,857 ($58.69) per share, for a total transaction of £485,700 ($586,877.72). Rio Tinto Group Stock Down 1.0 %

LON RIO opened at GBX 4,846.50 ($58.56) on Monday. The company has a quick ratio of 1.34, a current ratio of 1.79 and a debt-to-equity ratio of 22.52. The company has a fifty day moving average of GBX 4,834.68 and a two-hundred day moving average of GBX 5,262.29. The firm has a market capitalization of £78.54 billion and a price-to-earnings ratio of 502.75. Rio Tinto Group has a 52 week low of GBX 4,354 ($52.61) and a 52 week high of GBX 6,343 ($76.64). Rio Tinto Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, August 11th were issued a dividend of GBX 221.63 ($2.68) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 4.59%. Rio Tinto Group's dividend payout ratio is currently 80.45%. Rio Tinto Group Company Profile (Get Rating)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities.See AlsoArcher Daniels Midland: Dividend Hero With 49 Years Of IncreasesWill Fully Autonomous Tractors Make Deere the Tesla of Farming? Magna International is Your Auto and EV One-Stop Shop Stock EV Battery Maker Freyr Set For Major Global Expansion MarketBeat: Week in Review 9/26 – 9/30

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