Rio Tinto plc buy Snowman
Start price
28.01.21
/
50%
€63.61
Target price
€72.00
Performance (%)
15.16%
End price
04.03.21
€69.91
This prediction ended on 04.03.21 with a price of €69.91. The BUY prediction by Snowman finished with a performance of 15.16%. Snowman has a follow-up prediction for Rio Tinto plc, but this time predicts that Rio Tinto plc is a Sell. Dividends of €3.35 are taken into consideration when calculating the performance. Snowman has 50% into this prediction
According to Snowman what are the pros and cons of Rio Tinto plc for the foreseeable future?
Pros
Could be worthwhile Investment >10% per year
Medium risks for its business
Market Leader or Top 3
Known brand
Future proof or reliable business model
Some uniques
Very high dividend yield expected
Cons
Sustainability is little important
Significant cyclical dependencies
Comments by Snowman for this prediction
In the thread Rio Tinto plc diskutieren
Buy mit Kursziel 72,0
In the thread Trading Rio Tinto plc
Buy beendet
Current prediction by Snowman for Rio Tinto plc
Rio Tinto plc
Start price
Target price
Perf. (%)
€69.91
€65.00
0.77%
Could be worthwhile Investment >10% per year
Medium risks for its business
Market Leader or Top 3
Sustainability is little important