Royal Bank Of Canada Has Lowered Expectations for Rio Tinto Group (LON:RIO) Stock Price

Posted by Stanley Muller on Jul 16th, 2026

Rio Tinto Group (LON:RIO – Get Free Report) had its target price reduced by equities researchers at Royal Bank Of Canada from GBX 6,300 to GBX 6,100 in a research report issued to clients and investors on Thursday,Digital Look reports. The firm presently has an “underperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 9.94% from the stock’s previous close.

A number of other analysts also recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 7,400 price objective on shares of Rio Tinto Group in a research note on Wednesday, July 1st. Citigroup lowered their target price on Rio Tinto Group from GBX 8,280 to GBX 8,250 and set a “neutral” rating on the stock in a report on Friday, July 10th. Berenberg Bank reiterated a “hold” rating and issued a GBX 6,600 price target on shares of Rio Tinto Group in a research report on Thursday, June 4th. JPMorgan Chase & Co. raised shares of Rio Tinto Group to a “neutral” rating and upped their price target for the company from GBX 7,200 to GBX 8,280 in a report on Tuesday, May 26th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 8,500 price objective on shares of Rio Tinto Group in a research report on Tuesday, June 9th. Six equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of GBX 7,432.86.

Check Out Our Latest Report on Rio Tinto Group

Rio Tinto Group Price Performance

Shares of LON:RIO opened at GBX 6,773.50 on Thursday. Rio Tinto Group has a 12 month low of GBX 4,344.50 and a 12 month high of GBX 8,325. The stock has a market cap of £110.15 billion, a price-to-earnings ratio of 11.13, a PEG ratio of -0.64 and a beta of 0.65. The stock’s 50 day moving average price is GBX 7,520.17 and its 200 day moving average price is GBX 7,087.25. The company has a debt-to-equity ratio of 37.79, a current ratio of 1.44 and a quick ratio of 1.34.

Insider Buying and Selling at Rio Tinto Group

In other Rio Tinto Group news, insider Peter Cunningham sold 6 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of GBX 7,311, for a total value of £438.66. 0.10% of the stock is owned by corporate insiders.

Rio Tinto Group Company Profile

(Get Free Report)

We operate in 35 countries where our 60,000 employees are working to find better ways to provide the materials the world needs. Our portfolio includes iron ore, copper, aluminium and a range of other minerals and materials needed for people, communities and nations to grow and prosper, and for the world to cut carbon emissions to net zero. We continuously search for new projects that can support the energy transition, currently exploring for 7 commodities in 17 countries.

We have more than 150 years of mining and processing experience guiding our work.