Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Rio Tinto plc buy Snowman

Start price
€58.90
17.08.22 / 50%
Target price
€60.00
17.08.23
Performance (%)
-6.79%
End price
€54.90
18.08.23
Summary
This prediction ended on 18.08.23 with a price of €54.90. With a performance of -6.79%, the BUY prediction for Rio Tinto plc by Snowman closed slightly in the red. Snowman has a follow-up prediction for Rio Tinto plc where he still thinks Rio Tinto plc is a Buy. Dividends of €1.59 are taken into consideration when calculating the performance. Snowman has 50% into this prediction

Rio 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 1y
Rio Tinto plc -3.508% -3.508% 13.988%
iShares Core DAX® -0.448% 2.344% 15.948%
iShares Nasdaq 100 0.834% 5.019% 30.983%
iShares Nikkei 225® -0.479% 0.550% 9.206%
iShares S&P 500 -0.352% 2.631% 26.224%

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
Prediction Buy
Perf. (%) -6.79%
Target price 60.000
Change
Ends at 17.08.23

Buy mit Kursziel 60,0

In the thread Trading Rio Tinto plc
Prediction Buy
Perf. (%) -6.79%
Target price 60.000
Change
Ends at 17.08.23

Die von Snowman gewählte maximale Laufzeit wurde überschritten

Current prediction by Snowman for Rio Tinto plc

buy
Rio Tinto plc

Start price
Target price
Perf. (%)
€63.57
15.11.23
€71.00
15.11.24
5.21%
20:20

Could be worthwhile Investment >10% per year
Medium risks for its business
Market Leader or Top 3
Sustainability is little important

Stopped prediction by Snowman for Rio Tinto plc

buy
Rio Tinto plc

Start price
Target price
Perf. (%)
€53.70
03.11.21
€73.00
08.05.22
20.84%
08.05.22

Could be worthwhile Investment >10% per year
Medium risks for its business
Market Leader or Top 3
Sustainability is little important
Rio Tinto plc

Start price
Target price
Perf. (%)
€69.91
04.03.21
€65.00
04.03.22
-23.19%
03.11.21

Could be worthwhile Investment >10% per year
Medium risks for its business
Market Leader or Top 3
Sustainability is little important
buy
Rio Tinto plc

Start price
Target price
Perf. (%)
€63.61
28.01.21
€72.00
15.16%
04.03.21

Could be worthwhile Investment >10% per year
Medium risks for its business
Market Leader or Top 3
Sustainability is little important