Anglo American Given Outperform Rating at Macquarie (AAL)
Anglo American (LON:AAL)‘s stock had its “outperform” rating reiterated by investment analysts at Macquarie in a note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,700 ($27.23) price target on the stock. Macquarie’s price target would indicate a potential upside of 7.77% from the company’s current price.
Shares of Anglo American (LON:AAL) traded down 0.89% during mid-day trading on Thursday, hitting GBX 1563.50. 1,388,261 shares of the company’s stock traded hands. Anglo American has a 1-year low of GBX 1195.50 and a 1-year high of GBX 2088.50. The stock’s 50-day moving average is GBX 1533. and its 200-day moving average is GBX 1541.. The company’s market cap is £20.028 billion.
A number of other analysts have also recently weighed in on AAL. Analysts at AlphaValue reiterated an “add” rating on shares of Anglo American (LON:AAL) in a research note to investors on Thursday. They now have a GBX 1,720 ($27.55) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Anglo American (LON:AAL) from GBX 1,840 ($29.47) to GBX 1,830 ($29.31) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American (LON:AAL) in a research note to investors on Tuesday. They now have a GBX 1,500 ($24.03) price target on the stock. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,701.01 ($27.25).
Anglo American plc (LON:AAL) is a mining company.
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