Share price target forecast
RIO Tinto Ltd Price Target Forecast (RIO)
RIO Tinto Ltd’s current target price is A$164.61, which sits 3.55% below the last traded price of A$170.68. On this measure, the market is pricing the shares above the latest target level rather than at a discount. The stock has traded close to its 52-week high of A$175.91 and remains well above the 52-week low of A$96.62, showing a strong recovery over the past year.
Analyst view
The average target price for RIO Tinto Ltd is A$164.61 versus a last share price of A$170.68, or -3.55% from last price.
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Forecast context
From a valuation perspective, RIO Tinto trades on a P/E ratio of 20.17 and a PEG ratio of 14.02, with a dividend yield of 2.35%. The company’s market capitalisation is A$277.5B, supported by revenue of A$57.6B and a profit margin of 17.29%. Revenue growth is 14.60%, while earnings per share are A$8.46. The shares are also above both key trend markers, sitting 4.40% above the 50-day moving average of A$163.49 and 21.05% above the 200-day moving average of A$141.00. That combination points to a share price that has strengthened materially, even though the target is now below the latest price.
Valuation context
| P/E | 20.17 |
|---|---|
| PEG | 14.02 |
| EPS | 8.46 |
| Dividend yield | 2.35% |
| Beta | 0.63 |
Price and trend
| Price | A$170.68 |
|---|---|
| 52W range | A$96.62 – A$175.91 |
| 50-day SMA | A$163.49 |
| 200-day SMA | A$141.00 |
| Price vs 50D SMA | 4.40% |
| Price vs 200D SMA | 21.05% |
Fundamentals
| Revenue growth | 14.60% |
|---|---|
| Revenue TTM | 57.6B |
| Profit margin | 17.29% |
Risks and context
The main valuation risk is that the share price is already above the current target level, which leaves less room for further re-rating on this framework. The stock also carries a beta of 0.63, indicating lower volatility than the broader market, but commodity-linked businesses can still be sensitive to shifts in metals pricing, demand conditions, operating performance and broader sentiment. The recent price strength against the 50-day and 200-day averages also means any cooling in momentum could affect near-term performance.
FAQ
What is RIO Tinto Ltd’s price target?
The current price target is A$164.61 per share.
How does the target compare with the last price?
The target is 3.55% below the last price of A$170.68.
What does the recent price trend suggest?
The shares are trading above both the 50-day moving average of A$163.49 and the 200-day moving average of A$141.00, which indicates a strong medium- to longer-term trend.
What valuation metrics stand out?
The shares trade on a P/E of 20.17, a PEG ratio of 14.02 and a dividend yield of 2.35%, with revenue of A$57.6B and profit margin of 17.29%.
