Rio Tinto Group (RIO)
NYSE: RIO · Real-Time Price · USD
61.10
+1.31 (2.19%)
At close: Jan 17, 2025, 4:00 PM
61.64
+0.54 (0.88%)
After-hours: Jan 17, 2025, 7:11 PM EST
Rio Tinto Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rio Tinto Group stock has a target of 73, which predicts an increase of 19.48% from the current stock price of 61.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RIO stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $83 → $73 | Strong Buy | Maintains | $83 → $73 | +19.48% | Jan 6, 2025 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jul 23, 2024 |
| Berenberg | Berenberg | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jun 27, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 20, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Oct 6, 2023 |
Financial Forecast
Revenue This Year
54.97B
from 54.04B
Increased by 1.71%
Revenue Next Year
54.41B
from 54.97B
Decreased by -1.01%
EPS This Year
6.99
from 6.17
Increased by 13.35%
EPS Next Year
6.89
from 6.99
Decreased by -1.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.4B | 62.9B | 62.2B | ||
| Avg | 55.0B | 54.4B | 55.0B | ||
| Low | 50.0B | 44.2B | 37.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.7% | 14.4% | 14.3% | ||
| Avg | 1.7% | -1.0% | 1.0% | ||
| Low | -7.5% | -19.7% | -31.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.82 | 8.01 | 9.38 | |
| Avg | 6.99 | 6.89 | 6.78 | |
| Low | 5.56 | 5.11 | 3.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.9% | 14.6% | 36.2% | |
| Avg | 13.3% | -1.5% | -1.6% | |
| Low | -9.9% | -26.8% | -51.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.