Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reiterated by investment analysts at Macquarie in a research note issued on Wednesday. They currently have a GBX 815 ($10.64) price objective on the mining company’s stock. Macquarie’s target price points to a potential downside of 17.37% from the company’s previous close.
A number of other research analysts have also issued reports on AAL. Liberum Capital reissued a “sell” rating and issued a GBX 400 ($5.22) target price on shares of Anglo American plc in a report on Tuesday, July 26th. Haitong Bank restated a “neutral” rating and issued a GBX 658 ($8.59) price target on shares of Anglo American plc in a research note on Tuesday, July 26th. JPMorgan Chase & Co. restated an “underweight” rating on shares of Anglo American plc in a research note on Thursday, August 25th. Goldman Sachs Group Inc. lifted their price target on Anglo American plc from GBX 250 ($3.26) to GBX 400 ($5.22) and gave the company a “sell” rating in a research note on Tuesday, June 28th. Finally, Barclays PLC restated an “underweight” rating and issued a GBX 550 ($7.18) price target on shares of Anglo American plc in a research note on Wednesday, September 7th. Eleven analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. Anglo American plc has a consensus rating of “Hold” and an average target price of GBX 674.04 ($8.80).
Shares of Anglo American plc (LON:AAL) opened at 986.30 on Wednesday. The firm has a 50 day moving average price of GBX 867.47 and a 200-day moving average price of GBX 729.71. The firm’s market capitalization is GBX 12.72 billion. Anglo American plc has a 52 week low of GBX 215.55 and a 52 week high of GBX 1,029.00.
In related news, insider Mphu Ramatlapeng bought 290 shares of the firm’s stock in a transaction dated Wednesday, September 28th. The stock was bought at an average price of GBX 937 ($12.23) per share, with a total value of £2,717.30 ($3,546.93).
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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