Macquarie Reiterates “Neutral” Rating for Anglo American plc (AAL)
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating restated by Macquarie in a note issued to investors on Monday.
AAL has been the topic of a number of other research reports. Liberum Capital restated a “sell” rating and issued a GBX 750 ($9.86) price target on shares of Anglo American plc in a research report on Tuesday, October 24th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 1,250 ($16.44) price objective on shares of Anglo American plc in a research note on Friday, July 21st. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 1,050 ($13.81) price target on shares of Anglo American plc in a research note on Monday, July 24th. Deutsche Bank AG lowered shares of Anglo American plc to a “sell” rating and boosted their price target for the company from GBX 1,080 ($14.20) to GBX 1,250 ($16.44) in a research note on Monday, September 25th. Finally, J P Morgan Chase & Co cut their price objective on shares of Anglo American plc from GBX 1,670 ($21.97) to GBX 1,640 ($21.57) and set an “overweight” rating on the stock in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. Anglo American plc has an average rating of “Hold” and an average target price of GBX 1,374.06 ($18.07).
Shares of Anglo American plc (AAL) opened at GBX 1,489 ($19.58) on Monday. Anglo American plc has a one year low of GBX 950.10 ($12.50) and a one year high of GBX 1,534.50 ($20.18).
In related news, insider Philip R. Hampton acquired 725 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The shares were bought at an average cost of GBX 1,289 ($16.95) per share, for a total transaction of £9,345.25 ($12,291.53). Over the last 90 days, insiders purchased 759 shares of company stock worth $980,473.
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.