RIO

Rio Tinto Plc Common Stock (RIO)

Stock · NYSE · Basic Materials

$103.3as of 8/28/2026

AI Market Commentary

AI-generated

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

August 30, 2026

Morgan Stanley starts coverage of Rio Tinto with Underweight rating. Morgan Stanley has begun covering Rio Tinto with an Underweight rating and set a price target of $90. The bank did not explain its reasons in the headline, but the target sits below the stock's recent support level of $93.29, which has held on 12 occasions. Separately, Rio Tinto was mentioned in a monthly roundup of lithium industry news for August 2026, reflecting its role in the battery metals sector.

Active signals

No technical signal is currently active for this symbol.

Support level
$93.29
Industry
Metal Mining

About RIO

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum and lithium segment is involved in bauxite mining; alumina refining; and aluminium smelting, and recycling, as well as mining a…

Sector
Basic Materials
Industry
Metal Mining
Employees
56,890

Fundamentals

1-day range
$95.39$96.72
Market cap
$120.45B
P/E (trailing)
12.95
P/E (forward)
10.81
EPS (trailing)
$7.39
Dividend yield
4.74%
Beta
0.66
Avg. volume
2.67M
Ex-dividend date
August 14, 2026
Dividend pay date
September 24, 2026
52-week range
$60.22$112.58
Next earnings: February 18, 2027

Forecasts

8 analyst ratings

Buy 56%
Hold 33%
Sell 11%
1-year price forecast
High
$125
+21.0%
Median
$107.5
+4.1%
Low
$88
-14.8%

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