Anglo American plc (LON:AAL)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a report released on Monday. They presently have a GBX 1,150 ($15.01) price objective on the mining company’s stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 25.44% from the company’s current price.
A number of other analysts have also issued reports on the company. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a GBX 400 ($5.22) price target on shares of Anglo American plc in a report on Tuesday, July 12th. Barclays PLC upgraded Anglo American plc to an “equal weight” rating and boosted their price target for the company from GBX 550 ($7.18) to GBX 845 ($11.03) in a report on Wednesday, September 21st. Credit Suisse Group AG boosted their price target on Anglo American plc from GBX 870 ($11.36) to GBX 890 ($11.62) and gave the company a “neutral” rating in a report on Tuesday, August 9th. Jefferies Group reiterated an “underperform” rating on shares of Anglo American plc in a report on Friday, July 15th. Finally, Liberum Capital reiterated a “sell” rating and issued a GBX 400 ($5.22) price target on shares of Anglo American plc in a report on Thursday, July 14th. Eleven research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 669.88 ($8.74).
Shares of Anglo American plc (LON:AAL) opened at 937.00 on Monday. The company’s market cap is GBX 12.09 billion. The firm has a 50 day moving average price of GBX 854.25 and a 200-day moving average price of GBX 714.63. Anglo American plc has a 12-month low of GBX 215.55 and a 12-month high of GBX 958.10.
Anglo American plc Company Profile
Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.
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