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NYSE: RIO
Rio Tinto Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RIO

Based on 2 analysts offering 12 month price targets for Rio Tinto Ltd.
Min Forecast
$90.00+11.84%
Avg Forecast
$107.00+32.97%
Max Forecast
$124.00+54.09%

Should I buy or sell RIO stock?

Strong Buy
Strong Buy
6 analysts 75%
Buy
0 analysts 0%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is RIO forecast to generate an efficient return?
Company
22.68%
Industry
37.13%
Market
62.25%
RIO's Return on Equity is forecast to be high in 4 years (22.68%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is RIO forecast to generate an efficient return on assets?
Company
10.47%
Industry
10.83%
Market
19.66%
RIO is forecast to generate lower Return on Assets (10.47%) than the US Basic Materials industry average (10.83%)
Forecast

RIO earnings per share forecast

What is RIO's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$10.81+119.92%
Avg 2 year Forecast
$8.49+72.67%
Avg 3 year Forecast
$7.16+45.71%
RIO's earnings are forecast to grow at a rate of 11.77% per year, which is not exceptional
Forecast

RIO revenue forecast

What is RIO's revenue in the next 2 years based on estimates from 1 analysts?
Avg 1 year Forecast
$48.9B+13.34%
Avg 2 year Forecast
$46.4B+7.5%
RIO's revenue is forecast to grow at a rate of 0.55% per year, which is not exceptional
Forecast

RIO earnings growth forecast

How is RIO forecast to perform vs Basic Materials companies and vs the US market?
Company
11.77%
Industry
22.31%
Market
20.47%
RIO's earnings are forecast to grow slower (11.77% per year) than the US Basic Materials industry average (22.31%)
Forecast
RIO's earnings are forecast to grow slower (11.77% per year) than the US market average (20.47%)
Forecast
RIO's earnings are forecast to grow faster (11.77% per year) than the risk-free savings rate (1.1%)
Forecast

RIO revenue growth forecast

How is RIO forecast to perform vs Basic Materials companies and vs the US market?
Company
0.55%
Industry
5.43%
Market
14.48%
RIO's revenues are forecast to grow slower (0.55% per year) than the US Basic Materials industry average (5.43%)
Forecast
RIO's revenues are forecast to grow slower (0.55% per year) than the US market average (14.48%)
Forecast

Rio Tinto Ltd Stock Forecast FAQ

Is Rio Tinto Ltd Stock a good buy in 2019, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: RIO) stock is to Strong Buy RIO stock.

Out of 8 analysts, 6 (75%) are recommending RIO as a Strong Buy, 0 (0%) are recommending RIO as a Buy, 2 (25%) are recommending RIO as a Hold, 0 (0%) are recommending RIO as a Sell, and 0 (0%) are recommending RIO as a Strong Sell.

What is RIO's Price Target?

According to 2 Wall Street analysts that have issued a 1 year RIO price target, the average RIO price target is $107.00, with the highest RIO stock price forecast at $124.00 and the lowest RIO stock price forecast at $90.00.

On average, Wall Street analysts predict that Rio Tinto Ltd's share price could reach $107.00 by Jan 13, 2022. The average Rio Tinto Ltd stock price prediction forecasts a potential upside of 32.97% from the current RIO share price of $80.47.

What is RIO's earnings growth forecast for 2021-2023?

(NYSE: RIO) Rio Tinto Ltd's forecast annual earnings growth rate of 11.77% is not forecast to beat the US Basic Materials industry's average forecast earnings growth rate of 22.31%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.47%.

Rio Tinto Ltd's earnings in 2019 is $8,010,000,000.On average, 3 Wall Street analysts forecast RIO's earnings for 2021 to be $13,915,351,550, with the lowest RIO earnings forecast at $12,348,656,053, and the highest RIO earnings forecast at $15,619,311,567. On average, 2 Wall Street analysts forecast RIO's earnings for 2022 to be $10,925,792,139, with the lowest RIO earnings forecast at $9,605,940,996, and the highest RIO earnings forecast at $12,245,643,281.

In 2023, RIO is forecast to generate $9,219,643,101 in earnings, with the lowest earnings forecast at $9,219,643,101 and the highest earnings forecast at $9,219,643,101.

What is RIO's revenue growth forecast for 2021-2022?

(NYSE: RIO) Rio Tinto Ltd's forecast annual revenue growth rate of 0.55% is not forecast to beat the US Basic Materials industry's average forecast revenue growth rate of 5.43%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.

Rio Tinto Ltd's revenue in 2019 is $43,165,000,000.On average, 1 Wall Street analysts forecast RIO's revenue for 2021 to be $62,998,915,820,930, with the lowest RIO revenue forecast at $62,998,915,820,930, and the highest RIO revenue forecast at $62,998,915,820,930.

In 2022, RIO is forecast to generate $59,753,112,138,654 in revenue, with the lowest revenue forecast at $59,753,112,138,654 and the highest revenue forecast at $59,753,112,138,654.

What is RIO's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: RIO) Rio Tinto Ltd's current Earnings Per Share (EPS) is $4.91. On average, analysts forecast that RIO's EPS will be $10.81 for 2021, with the lowest EPS forecast at $9.59, and the highest EPS forecast at $12.13. On average, analysts forecast that RIO's EPS will be $8.49 for 2022, with the lowest EPS forecast at $7.46, and the highest EPS forecast at $9.51. In 2023, RIO's EPS is forecast to hit $7.16 (min: $7.16, max: $7.16).

What is RIO's forecast return on equity (ROE) for 2021-2024?

(NYSE: RIO) forecast ROE is 22.68%, which is considered strong.

What is RIO's forecast return on assets (ROA) for 2021-2024?

(NYSE: RIO) forecast ROA is 10.47%, which is lower than the forecast US Basic Materials industry average of 10.83%.
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