Anglo American (LON:AAL)‘s stock had its “buy” rating reiterated by research analysts at Goldman Sachs Group in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Several other analysts have also recently issued reports on the company. Liberum Capital reiterated a “hold” rating on shares of Anglo American in a research note on Friday, August 9th. JPMorgan Chase & Co. reduced their price objective on Anglo American from GBX 2,280 ($29.79) to GBX 2,230 ($29.14) and set a “neutral” rating on the stock in a research note on Monday. Credit Suisse Group reiterated an “outperform” rating on shares of Anglo American in a research note on Monday, July 22nd. Deutsche Bank reiterated a “buy” rating on shares of Anglo American in a research note on Wednesday, July 31st. Finally, UBS Group reiterated a “sell” rating on shares of Anglo American in a research note on Friday, July 26th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Anglo American currently has a consensus rating of “Hold” and a consensus target price of GBX 2,128 ($27.81).
Shares of LON AAL opened at GBX 1,727 ($22.57) on Tuesday. The firm has a market capitalization of $24.15 billion and a PE ratio of 5.40. The company has a debt-to-equity ratio of 33.15, a quick ratio of 1.55 and a current ratio of 2.30. 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 company has a fifty day moving average of GBX 2,086.21.
Anglo American Company Profile
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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