Rio Tinto plc (LON:RIO) insider Christopher Lynch acquired 26,066 shares of Rio Tinto stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average price of GBX 3,490 ($46.97) per share, with a total value of £909,703.40 ($1,224,365.28).

Rio Tinto plc (RIO) opened at GBX 3,456.79 ($46.52) on Thursday. Rio Tinto plc has a one year low of GBX 2,882.50 ($38.80) and a one year high of GBX 4,226.56 ($56.89).

A number of analysts have commented on the company. UBS set a GBX 3,750 ($50.47) price target on Rio Tinto and gave the stock a “buy” rating in a research report on Friday, August 11th. J P Morgan Chase & Co upped their price target on Rio Tinto from GBX 4,000 ($53.84) to GBX 4,100 ($55.18) and gave the stock an “overweight” rating in a research report on Tuesday, September 5th. Barclays restated an “overweight” rating and issued a GBX 4,100 ($55.18) price target on shares of Rio Tinto in a research report on Tuesday, September 12th. Citigroup upgraded Rio Tinto to a “buy” rating and set a GBX 4,050 ($54.51) price target for the company in a research report on Tuesday. Finally, Macquarie restated an “outperform” rating and issued a GBX 4,500 ($60.57) price target on shares of Rio Tinto in a research report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the stock. Rio Tinto presently has an average rating of “Buy” and an average target price of GBX 3,987.25 ($53.66).

ILLEGAL ACTIVITY WARNING: “Christopher Lynch Acquires 26,066 Shares of Rio Tinto plc (RIO) Stock” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/12/07/christopher-lynch-acquires-26066-shares-of-rio-tinto-plc-rio-stock.html.

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)

Receive News & Stock Ratings for Rio Tinto plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rio Tinto plc and related stocks with our FREE daily email newsletter.