RBC Capital Maintains a Hold on Rio Tinto Group (RIO)

Rio Tinto Group (NYSE:RIO) is one of the best UK stocks to buy right now. On August 27, RBC Capital analyst Ben Davis maintained a Hold rating on Rio Tinto Group (NYSE:RIO) and set a price target of £48.00.

Rio Tinto Group (NYSE:RIO) reported resilient results for the first half of 2025, with an underlying EBITDA of $11.5 billion and operating cash flow of $6.9 billion.

The results came despite a 13% lower iron ore price, reflecting the increasing contribution from the company’s copper and aluminum businesses, along with the solid recovery of its Pilbara operations from the four cyclones in the first quarter.

Rio Tinto Group (NYSE:RIO) explores, mines, and processes mineral resources. Its operations are divided into the following business segments: Iron Ore, Aluminum, Copper, and Minerals.

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Disclosure: None. This article is originally published at Insider Monkey.