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Citi Reaffirms Their Hold Rating on Rio Tinto Limited (RTNTF)

Tipranks - Tipranks - Wed Apr 22, 6:51PM CDT

In a report released today, Ephrem Ravi from Citi maintained a Hold rating on Rio Tinto Limited, with a price target of A$170.00.

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According to TipRanks, Ravi is a 5-star analyst with an average return of 16.1% and a 64.95% success rate.

In addition to Citi, Rio Tinto Limited also received a Hold from UBS’s Lachlan Shaw in a report issued today. However, on the same day, Macquarie maintained a Buy rating on Rio Tinto Limited (Other OTC: RTNTF).

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RTNTF market cap is currently A$236.9B and has a P/E ratio of 15.43.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RTNTF in relation to earlier this year.

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