WallStreetZen

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

Analyst price target for RIO

Based on 1 analysts offering 12 month price targets for Rio Tinto Ltd.
Min Forecast
$50.00-37.03%
Avg Forecast
$50.00-37.03%
Max Forecast
$50.00-37.03%

Should I buy or sell RIO stock?

Buy
Strong Buy
1 analysts 16.67%
Buy
1 analysts 16.67%
Hold
4 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

RIO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Robert Czerwensky
DZ Bank
Strong BuyUpgradesN/AN/A2021-03-31
Sam Webb
Credit Suisse
BuyUpgradesN/AN/A2021-02-02
Richard Hatch
Berenberg
HoldInitiates Coverage OnN/AN/A2021-02-05
Anonymous
Credit Suisse
HoldUpgradesN/AN/A2020-09-30
Tyler Broda
RBC Capital
HoldUpgradesN/AN/A2020-07-08
Wan Nurhayati
CFRA
HoldMaintains$50.00-37.03%2020-04-17

1 of 1

Forecast return on equity

Is RIO forecast to generate an efficient return?
Company
23.2%
Industry
36.7%
Market
32,279.67%
RIO's Return on Equity is forecast to be high in 3 years (23.2%); 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
11.21%
Industry
11.27%
Market
11,627.87%
RIO is forecast to generate lower Return on Assets (11.21%) than the US Basic Materials industry average (11.27%)
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
$13.59+125%
Avg 2 year Forecast
$10.58+75.17%
Avg 3 year Forecast
$8.96+48.26%
RIO's earnings are forecast to grow at a rate of 12.65% per year, which is not exceptional
Forecast

RIO revenue forecast

What is RIO's revenue in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$61.5B+37.97%
Avg 2 year Forecast
$52.1B+16.79%
Avg 3 year Forecast
$47.8B+7.19%
RIO's revenue is forecast to grow at a rate of 1.72% 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
12.65%
Industry
28.5%
Market
23.11%
RIO's earnings are forecast to grow slower (12.65% per year) than the US Basic Materials industry average (28.5%)
Forecast
RIO's earnings are forecast to grow slower (12.65% per year) than the US market average (23.11%)
Forecast
RIO's earnings are forecast to grow faster (12.65% per year) than the risk-free savings rate (1.7%)
Forecast

RIO revenue growth forecast

How is RIO forecast to perform vs Basic Materials companies and vs the US market?
Company
1.72%
Industry
6.57%
Market
15.02%
RIO's revenues are forecast to grow slower (1.72% per year) than the US Basic Materials industry average (6.57%)
Forecast
RIO's revenues are forecast to grow slower (1.72% per year) than the US market average (15.02%)
Forecast

Rio Tinto Ltd Stock Forecast FAQ

Is Rio Tinto Ltd Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: RIO) stock is to Buy RIO stock.

Out of 6 analysts, 1 (16.67%) are recommending RIO as a Strong Buy, 1 (16.67%) are recommending RIO as a Buy, 4 (66.67%) 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 earnings growth forecast for 2021-2023?

(NYSE: RIO) Rio Tinto Ltd's forecast annual earnings growth rate of 12.65% is not forecast to beat the US Basic Materials industry's average forecast earnings growth rate of 28.5%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.11%.

Rio Tinto Ltd's earnings in 2021 is $9,769,000,000.On average, 3 Wall Street analysts forecast RIO's earnings for 2021 to be $17,114,492,992, with the lowest RIO earnings forecast at $15,578,092,591, and the highest RIO earnings forecast at $18,839,795,081. On average, 3 Wall Street analysts forecast RIO's earnings for 2022 to be $13,323,865,773, with the lowest RIO earnings forecast at $12,618,632,802, and the highest RIO earnings forecast at $14,218,000,432.

In 2023, RIO is forecast to generate $11,277,430,812 in earnings, with the lowest earnings forecast at $10,729,615,915 and the highest earnings forecast at $11,825,245,709.

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

(NYSE: RIO) Rio Tinto Ltd's forecast annual revenue growth rate of 1.72% is not forecast to beat the US Basic Materials industry's average forecast revenue growth rate of 6.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.02%.

Rio Tinto Ltd's revenue in 2021 is $44,611,000,000.On average, 1 Wall Street analysts forecast RIO's revenue for 2021 to be $77,510,569,064,029, with the lowest RIO revenue forecast at $77,510,569,064,029, and the highest RIO revenue forecast at $77,510,569,064,029. On average, 1 Wall Street analysts forecast RIO's revenue for 2022 to be $65,611,878,377,992, with the lowest RIO revenue forecast at $65,611,878,377,992, and the highest RIO revenue forecast at $65,611,878,377,992.

In 2023, RIO is forecast to generate $60,217,337,294,538 in revenue, with the lowest revenue forecast at $60,217,337,294,538 and the highest revenue forecast at $60,217,337,294,538.

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

(NYSE: RIO) forecast ROA is 11.21%, which is lower than the forecast US Basic Materials industry average of 11.27%.

What is RIO's Price Target?

According to 1 Wall Street analysts that have issued a 1 year RIO price target, the average RIO price target is $50.00, with the highest RIO stock price forecast at $50.00 and the lowest RIO stock price forecast at $50.00.

On average, Wall Street analysts predict that Rio Tinto Ltd's share price could stay at $50.00 by Mar 31, 2022. The average Rio Tinto Ltd stock price prediction forecasts a potential downside of N/A from the current RIO share price of $79.40.

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

(NYSE: RIO) Rio Tinto Ltd's current Earnings Per Share (EPS) is $6.04. On average, analysts forecast that RIO's EPS will be $13.59 for 2021, with the lowest EPS forecast at $12.37, and the highest EPS forecast at $14.96. On average, analysts forecast that RIO's EPS will be $10.58 for 2022, with the lowest EPS forecast at $10.02, and the highest EPS forecast at $11.29. In 2023, RIO's EPS is forecast to hit $8.96 (min: $8.52, max: $9.39).

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

(NYSE: RIO) forecast ROE is 23.2%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.