Rio Tinto plc buy Max1111
Start price
17.07.23
/
50%
€59.98
Target price
17.07.24
€70.00
Performance (%)
12.41%
Price
15:03
€63.45
Summary
This prediction is currently active. The BUY prediction by Max1111 currently has a performance of 12.41%. Dividends of €3.97 are taken into consideration when calculating the performance. This prediction currently runs until 17.07.24. The prediction end date can be changed by Max1111 at any time. Max1111 has 50% into this predictionRio Tinto is a multinational mining company that is listed on the London and Australian stock exchanges, and is also available through ADRs under the symbol RTPPF. The company has operations in six continents, producing a diverse range of metals and minerals including iron ore, copper, aluminum, diamonds, and uranium. With a strong focus on sustainability and safety, Rio Tinto is a major player in the global mining industry, with a market capitalization of over $100 billion. They have a history of strong financial performance, paying regular dividends to investors.
Performance without dividends (%)
| Name | 1w | 1m |
|---|---|---|
| Rio Tinto plc | 0.125% | 0.125% |
| iShares Core DAX® | -0.992% | -3.231% |
| iShares Nasdaq 100 | -0.225% | -3.339% |
| iShares Nikkei 225® | -0.736% | -7.859% |
| iShares S&P 500 | -0.509% | -2.979% |
According to Max1111 what are the pros and cons of Rio Tinto plc for the foreseeable future?
Pros
Could be worthwhile Investment >10% per year
Very high dividend yield expected
Standard Investments for future growth
Fair valuation
Cons
Significant cyclical dependencies