Sanford C. Bernstein Reiterates “outperform” Rating for Anglo American (AAL)
Anglo American (LON:AAL)‘s stock had its “outperform” rating restated by Sanford C. Bernstein in a research note issued on Friday, StockRatingsNetwork reports. They currently have a GBX 2,025 ($31.66) target price on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 24.96% from the company’s current price.
A number of other firms have also recently commented on AAL. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Anglo American (LON:AAL) in a research note to investors on Tuesday. They now have a GBX 1,550 ($24.23) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Anglo American (LON:AAL) in a research note to investors on Monday. They now have a GBX 1,650 ($25.80) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Anglo American (LON:AAL) in a research note to investors on Thursday, September 5th. They now have a GBX 1,879.04 ($29.38) price target on the stock.
Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. Anglo American currently has an average rating of “Hold” and an average price target of GBX 1,780.33 ($27.83).
Anglo American (LON:AAL) traded down 3.76% during mid-day trading on Friday, hitting GBX 1559.50. 1,941,709 shares of the company’s stock traded hands. The stock has a 50-day moving average of GBX 1504. and a 200-day moving average of GBX 1553.43. The company’s market cap is £19.977 billion.
Anglo American plc (LON:AAL) is a mining company.
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