Goldman Sachs maintains Rio Tinto Ltd at 'conviction buy' with a price target of AUD125.20

  • Investing.com
Goldman Sachs maintains Rio Tinto Ltd at 'conviction buy' with a price target of AUD125.20

An analyst from Goldman Sachs maintained Rio Tinto Ltd (ASX: RIO ) at 'conviction buy' with a price target of AUD125.20 from a prior price target of %currency%%price%.

Prior to this rating, Rio Tinto Ltd had 10 buy ratings, 3 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Rio Tinto Ltd, click here. For more news on Rio Tinto Ltd, click here.

Rio Tinto Ltd's stock price closed at $112.400. They are up 3.12% in the last month and up 17.030% in the last 12 months.

According to Investing Pro, Rio Tinto Ltd's fair value is $134.661, an upside of 21.131%. Rio Tinto Ltd's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Rio Tinto Ltd's recent earnings performance and financials here.

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