Rio Tinto Group (NYSE: RIO) Analysts Give Moderate Buy Rating

Monday, 22 July 2024, 07:57

Rio Tinto Group (NYSE: RIO) has garnered a consensus rating of 'Moderate Buy' among analysts following the stock. Out of eight ratings firms, half have recommended a hold, while the other half support a buy recommendation. This balanced outlook indicates a cautious optimism regarding Rio Tinto's market performance, reflecting potential for future gains.
Marketbeat
Rio Tinto Group (NYSE: RIO) Analysts Give Moderate Buy Rating

Rio Tinto Group (NYSE: RIO) Overview

Rio Tinto Group's stock, traded on the NYSE under the ticker RIO, has been evaluated by various analysts.

Analyst Recommendations

  • Eight ratings firms have analyzed the stock.
  • Four analysts recommend a hold.
  • Four analysts advise a buy.

Market Sentiment

The consensus rating of 'Moderate Buy' suggests cautious optimism towards Rio Tinto’s market outlook.

Conclusion

Investors should consider these ratings while making decisions regarding their investments in Rio Tinto Group, as the mixed recommendations reflect a balance of risk and potential reward.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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