Anglo American (AAL) PT Raised to GBX 1,850 at Royal Bank of Canada
Anglo American (LON:AAL) had its price target increased by Royal Bank of Canada from GBX 1,750 ($22.87) to GBX 1,850 ($24.17) in a research note published on Tuesday morning. The firm currently has an outperform rating on the mining company’s stock.
A number of other equities analysts have also recently issued reports on AAL. Credit Suisse Group restated a neutral rating on shares of Anglo American in a research note on Wednesday, September 5th. UBS Group reiterated a neutral rating and set a GBX 1,650 ($21.56) target price on shares of Anglo American in a research report on Friday, September 7th. JPMorgan Chase & Co. increased their target price on shares of Anglo American from GBX 2,170 ($28.35) to GBX 2,290 ($29.92) and gave the stock an overweight rating in a research report on Monday, September 10th. Citigroup reiterated a buy rating on shares of Anglo American in a research report on Wednesday, September 12th. Finally, HSBC reiterated a buy rating on shares of Anglo American in a research report on Wednesday, September 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 1,920 ($25.09).
Shares of AAL stock opened at GBX 1,607.80 ($21.01) on Tuesday. Anglo American has a 52-week low of GBX 950.10 ($12.41) and a 52-week high of GBX 1,870 ($24.43).
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 nickel; and iron and manganese ores, as well as alloys.
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