Anglo American plc (LON:AAL) Stock Rating Reaffirmed by Deutsche Bank AG
Deutsche Bank AG restated their hold rating on shares of Anglo American plc (LON:AAL) in a report released on Friday, Marketbeat reports. Deutsche Bank AG currently has a GBX 1,000 ($13.19) price target on the mining company’s stock.
AAL has been the subject of a number of other reports. J P Morgan Chase & Co reaffirmed an overweight rating and set a GBX 1,600 ($21.11) target price (up from GBX 1,530 ($20.18)) on shares of Anglo American plc in a report on Tuesday, May 2nd. Jefferies Group LLC reduced their target price on shares of Anglo American plc from GBX 1,300 ($17.15) to GBX 950 ($12.53) and set a hold rating for the company in a report on Thursday, June 8th. Barclays PLC reaffirmed an equal weight rating and set a GBX 1,165 ($15.37) target price on shares of Anglo American plc in a report on Wednesday, May 3rd. HSBC Holdings plc reduced their target price on shares of Anglo American plc from GBX 1,350 ($17.81) to GBX 1,250 ($16.49) and set a buy rating for the company in a report on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) cut shares of Anglo American plc to a neutral rating and reduced their target price for the company from GBX 1,500 ($19.79) to GBX 1,100 ($14.51) in a report on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. Anglo American plc currently has an average rating of Hold and a consensus target price of GBX 1,276.25 ($16.83).
Anglo American plc (LON:AAL) opened at 1251.50 on Friday. The company has a 50-day moving average of GBX 1,073.46 and a 200 day moving average of GBX 1,170.76. The company’s market capitalization is GBX 16.18 billion. Anglo American plc has a 12-month low of GBX 725.60 and a 12-month high of GBX 1,529.01.
The business also recently announced a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 10th will be given a dividend of $0.48 per share. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 2.98%.
In related news, insider Mphu Ramatlapeng bought 283 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The stock was purchased at an average price of GBX 982 ($12.95) per share, for a total transaction of £2,779.06 ($3,665.82). Also, insider John Parker bought 62,696 shares of the company’s stock in a transaction that occurred on Tuesday, May 30th. The shares were bought at an average price of GBX 1,057 ($13.94) per share, with a total value of £662,696.72 ($874,154.76). In the last 90 days, insiders have purchased 63,007 shares of company stock valued at $66,578,196.
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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