Anglo American (LON:AAL)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 2,000 ($26.13) price target on the mining company’s stock. Barclays‘s price target would suggest a potential upside of 15.81% from the stock’s previous close.
Other analysts also recently issued reports about the stock. Societe Generale upgraded shares of Anglo American to a “buy” rating in a report on Thursday, May 23rd. Citigroup reiterated a “buy” rating and issued a GBX 2,300 ($30.05) price objective on shares of Anglo American in a report on Thursday, May 16th. Morgan Stanley reiterated an “overweight” rating on shares of Anglo American in a report on Monday, July 15th. HSBC upgraded shares of Anglo American to a “buy” rating in a report on Tuesday, May 28th. Finally, UBS Group reiterated a “sell” rating on shares of Anglo American in a report on Friday, July 26th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 2,128 ($27.81).
LON AAL opened at GBX 1,727 ($22.57) on Tuesday. The company has a quick ratio of 1.55, a current ratio of 2.30 and a debt-to-equity ratio of 33.15. Anglo American has a 12-month low of GBX 1,433.80 ($18.74) and a 12-month high of GBX 2,294 ($29.98). The firm has a market capitalization of $24.15 billion and a P/E ratio of 5.40. The firm has a 50 day simple moving average of GBX 2,086.21.
About Anglo American
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.
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