Rio Tinto plc (LON:RIO) insider Jean-Sébastien Jacques sold 5 shares of the firm’s stock in a transaction that occurred on Wednesday, July 19th. The stock was sold at an average price of GBX 3,445 ($44.88), for a total transaction of £172.25 ($224.40).
Jean-Sébastien Jacques also recently made the following trade(s):
- On Monday, July 17th, Jean-Sébastien Jacques acquired 11 shares of Rio Tinto plc stock. The shares were purchased at an average cost of GBX 3,501 ($45.61) per share, for a total transaction of £385.11 ($501.71).
- On Monday, April 24th, Jean-Sébastien Jacques acquired 12 shares of Rio Tinto plc stock. The shares were purchased at an average cost of GBX 3,043 ($39.64) per share, for a total transaction of £365.16 ($475.72).
Shares of Rio Tinto plc (RIO) traded down 0.86% during trading on Monday, hitting GBX 3324.00. The stock had a trading volume of 4,327,647 shares. The company’s market cap is GBX 59.80 billion. Rio Tinto plc has a one year low of GBX 2,253.50 and a one year high of GBX 3,718.50. The stock’s 50-day moving average price is GBX 3,245.53 and its 200-day moving average price is GBX 3,270.65.
WARNING: This piece of content was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://stocknewstimes.com/2017/07/24/rio-tinto-plc-rio-insider-sells-172-25-in-stock.html.
A number of brokerages have recently commented on RIO. UBS AG set a GBX 3,750 ($48.85) price objective on shares of Rio Tinto plc and gave the stock a “buy” rating in a research note on Thursday, April 20th. Deutsche Bank AG increased their target price on Rio Tinto plc from GBX 4,140 ($53.93) to GBX 4,200 ($54.72) and gave the company a “buy” rating in a research report on Thursday, June 22nd. Credit Suisse Group reiterated an “outperform” rating on shares of Rio Tinto plc in a research report on Tuesday, June 27th. Barclays PLC decreased their target price on Rio Tinto plc from GBX 4,300 ($56.02) to GBX 4,100 ($53.41) and set an “overweight” rating on the stock in a research report on Friday, July 14th. Finally, HSBC Holdings plc reiterated a “buy” rating and set a GBX 4,000 ($52.11) target price on shares of Rio Tinto plc in a research report on Wednesday, April 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 3,693.95 ($48.12).
About Rio Tinto plc
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.
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.
