Anglo American plc (AAL) Rating Reiterated by Macquarie
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating restated by Macquarie in a report released on Wednesday. They presently have a GBX 1,250 ($16.17) price target on the mining company’s stock. Macquarie’s price objective suggests a potential downside of 10.87% from the stock’s previous close.
Several other equities analysts have also weighed in on the company. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,600 ($20.69) price target on shares of Anglo American plc in a research note on Friday, August 25th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,700 ($21.99) price target on shares of Anglo American plc in a research note on Wednesday, August 9th. HSBC Holdings plc restated a “hold” rating and issued a GBX 1,280 ($16.55) price target (up previously from GBX 1,250 ($16.17)) on shares of Anglo American plc in a research note on Monday, July 31st. 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, Deutsche Bank AG restated a “hold” rating and issued a GBX 1,000 ($12.93) price target on shares of Anglo American plc in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,300.31 ($16.82).
Shares of Anglo American plc (AAL) opened at 1422.00 on Wednesday. Anglo American plc has a 52-week low of GBX 765.10 and a 52-week high of GBX 1,529.01. The stock’s market cap is GBX 18.39 billion. The company’s 50 day moving average price is GBX 1,212.71 and its 200 day moving average price is GBX 1,165.18.
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In other Anglo American plc news, insider Mphu Ramatlapeng acquired 283 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The shares were purchased at an average cost of GBX 982 ($12.70) per share, for a total transaction of £2,779.06 ($3,594.23). Insiders purchased 323 shares of company stock worth $323,512 over the last quarter.
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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