Rio Tinto plc (RIO) Insider Sells £422,025.01 in Stock

Rio Tinto plc (LON:RIO) insider Jean-Sébastien Jacques sold 11,251 shares of the company’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of GBX 3,751 ($49.01), for a total transaction of £422,025.01 ($551,450.42).

Jean-Sébastien Jacques also recently made the following trade(s):

  • On Tuesday, October 23rd, Jean-Sébastien Jacques sold 7 shares of Rio Tinto stock. The shares were sold at an average price of GBX 3,632 ($47.46), for a total transaction of £254.24 ($332.21).

Shares of Rio Tinto stock opened at GBX 3,584.50 ($46.84) on Friday. Rio Tinto plc has a one year low of GBX 2,882.50 ($37.66) and a one year high of GBX 4,226.56 ($55.23).

Several research firms recently commented on RIO. Goldman Sachs Group set a GBX 4,200 ($54.88) price target on shares of Rio Tinto and gave the company a “neutral” rating in a research report on Monday, November 12th. Deutsche Bank reiterated a “hold” rating and issued a GBX 4,300 ($56.19) price target on shares of Rio Tinto in a research report on Tuesday, November 6th. Royal Bank of Canada set a GBX 3,200 ($41.81) price target on shares of Rio Tinto and gave the company a “sell” rating in a research report on Wednesday, October 3rd. Citigroup reiterated a “buy” rating on shares of Rio Tinto in a research report on Friday, September 21st. Finally, UBS Group reduced their price target on shares of Rio Tinto from GBX 4,700 ($61.41) to GBX 4,600 ($60.11) and set a “buy” rating for the company in a research report on Thursday, September 27th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 4,208.75 ($54.99).

ILLEGAL ACTIVITY NOTICE: This piece was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of international trademark and copyright laws. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2018/12/08/rio-tinto-plc-rio-insider-sells-422025-01-in-stock.html.

Rio Tinto Company Profile

Rio Tinto plc, a mining and metals company, explores for, develops, produces, and processes minerals and metals worldwide. It finds, mines, and processes mineral resources, including aluminum, copper, diamonds, gold, industrial minerals (borates, titanium dioxide, and salt), iron ore, thermal and metallurgical coal, and uranium, as well as sulphuric acid, rhenium, lead carbonate, and selenium.

See Also: What is a Tariff?

Insider Buying and Selling by Quarter for Rio Tinto (LON:RIO)

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


Leave a Reply