Anglo American plc (AAL) Shares Up 2.5%
Anglo American plc (LON:AAL)’s share price shot up 2.5% on Tuesday . The stock traded as high as GBX 1,404 ($18.62) and last traded at GBX 1,397 ($18.53). 5,319,897 shares were traded during trading, a decline of 12% from the average session volume of 6,067,710 shares. The stock had previously closed at GBX 1,363.50 ($18.09).
Several analysts have recently issued reports on the company. Liberum Capital reiterated a “sell” rating and set a GBX 750 ($9.95) price target on shares of Anglo American plc in a research note on Wednesday, August 30th. HSBC Holdings plc reissued a “buy” rating and set a GBX 1,250 ($16.58) price objective on shares of Anglo American plc in a report on Friday, July 21st. Canaccord Genuity reissued a “buy” rating and issued a GBX 1,650 ($21.89) price objective on shares of Anglo American plc in a research note on Friday, July 21st. Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,000 ($13.26) price objective on shares of Anglo American plc in a research note on Friday, July 28th. Finally, J P Morgan Chase & Co reduced their target price on Anglo American plc from GBX 1,600 ($21.22) to GBX 1,480 ($19.63) and set an “overweight” rating for the company in a report on Monday, June 5th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 1,328.44 ($17.62).
The stock’s market capitalization is GBX 18.06 billion. The company has a 50 day moving average price of GBX 1,336.36 and a 200 day moving average price of GBX 1,177.10.
The business also recently announced a dividend, which was paid on Friday, September 22nd. Investors of record on Thursday, August 10th were issued a dividend of $0.48 per share. This represents a dividend yield of 2.98%. The ex-dividend date of this dividend was Thursday, August 10th.
In related news, insider Philip R. Hampton purchased 725 shares of the stock in a transaction on Tuesday, September 26th. The shares were purchased at an average cost of GBX 1,289 ($17.10) per share, with a total value of £9,345.25 ($12,395.87). In the last quarter, insiders purchased 763 shares of company stock worth $980,831.
COPYRIGHT VIOLATION WARNING: “Anglo American plc (AAL) Shares Up 2.5%” was posted by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this piece can be viewed at https://www.watchlistnews.com/anglo-american-plc-aal-shares-up-2-5/1605892.html.
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.
Receive News & Ratings for Anglo American plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American plc and related companies with Analyst Ratings Network's FREE daily email newsletter.