Macquarie restated their neutral rating on shares of Anglo American plc (LON:AAL) in a research report report published on Thursday. Macquarie currently has a GBX 1,250 ($16.14) price target on the mining company’s stock.
AAL has been the topic of a number of other research reports. Jefferies Group LLC lifted their price target on shares of Anglo American plc from GBX 1,250 ($16.14) to GBX 1,500 ($19.37) and gave the stock a hold rating in a report on Thursday, August 31st. J P Morgan Chase & Co lifted their price target on shares of Anglo American plc from GBX 1,600 ($20.66) to GBX 1,670 ($21.57) and gave the stock an overweight rating in a report on Tuesday, September 5th. Credit Suisse Group reaffirmed a neutral rating and issued a GBX 1,190 ($15.37) price target on shares of Anglo American plc in a report on Friday, July 28th. Deutsche Bank AG reaffirmed a hold rating on shares of Anglo American plc in a report on Friday. Finally, HSBC Holdings plc lowered their price target on shares of Anglo American plc from GBX 1,350 ($17.44) to GBX 1,250 ($16.14) and set a buy rating on the stock in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. Anglo American plc presently has a consensus rating of Hold and an average target price of GBX 1,312.81 ($16.95).
Shares of Anglo American plc (AAL) traded down 1.97% during trading on Thursday, hitting GBX 1290.50. The stock had a trading volume of 6,853,492 shares. Anglo American plc has a 52 week low of GBX 793.00 and a 52 week high of GBX 1,529.01. The company’s market capitalization is GBX 16.69 billion. The company’s 50 day moving average price is GBX 1,315.47 and its 200 day moving average price is GBX 1,169.55.
The company also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 10th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 2.98%.
In other news, insider Mphu Ramatlapeng purchased 283 shares of the firm’s stock in a transaction dated Monday, June 26th. The shares were purchased at an average price of GBX 982 ($12.68) per share, with a total value of £2,779.06 ($3,589.13). In the last ninety days, insiders bought 309 shares of company stock worth $308,252.
Anglo American plc Company Profile
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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