Anglo American plc (AAL) Rating Reiterated by Liberum Capital
Anglo American plc (LON:AAL)‘s stock had its “sell” rating reaffirmed by Liberum Capital in a report released on Wednesday. They presently have a GBX 750 ($9.70) price objective on the mining company’s stock. Liberum Capital’s price target would indicate a potential downside of 44.59% from the company’s current price.
AAL has been the topic of a number of other research reports. Jefferies Group LLC dropped their price target on Anglo American plc from GBX 1,300 ($16.81) to GBX 950 ($12.29) and set a “hold” rating on the stock in a research note on Thursday, June 8th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,600 ($20.69) price target (up previously from GBX 1,530 ($19.79)) on shares of Anglo American plc in a research note on Tuesday, May 2nd. Barclays PLC restated an “equal weight” rating and issued a GBX 1,165 ($15.07) price target on shares of Anglo American plc in a research note on Wednesday, May 3rd. Credit Suisse Group restated a “neutral” rating and issued a GBX 1,190 ($15.39) price target on shares of Anglo American plc in a research note on Friday, July 28th. Finally, HSBC Holdings plc lowered their price objective on Anglo American plc from GBX 1,350 ($17.46) to GBX 1,250 ($16.17) and set a “buy” rating on the stock in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company’s stock. Anglo American plc presently has an average rating of “Hold” and an average price target of GBX 1,284.69 ($16.62).
Anglo American plc (LON:AAL) opened at 1349.00 on Wednesday. The stock has a 50 day moving average of GBX 1,212.71 and a 200 day moving average of GBX 1,165.18. The stock’s market capitalization is GBX 17.44 billion. Anglo American plc has a 52 week low of GBX 765.10 and a 52 week high of GBX 1,529.01.
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In other Anglo American plc news, insider Mphu Ramatlapeng bought 283 shares of the stock in a transaction on Monday, June 26th. The stock was acquired at an average cost of GBX 982 ($12.70) per share, for a total transaction of £2,779.06 ($3,594.23). Over the last quarter, insiders acquired 323 shares of company stock valued at $323,512.
About Anglo American plc
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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