Anglo American Price Target Cut to GBX 1,830 (AAL)
Deutsche Bank reduced their price objective on shares of Anglo American (LON:AAL) from GBX 1,840 ($29.47) to GBX 1,830 ($29.31) in a research note issued on Thursday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 16.60% from the company’s current price.
Anglo American (LON:AAL) traded down 0.51% during mid-day trading on Thursday, hitting GBX 1569.50. 2,526,072 shares of the company’s stock traded hands. Anglo American has a one year low of GBX 1195.50 and a one year high of GBX 2088.50. The stock has a 50-day moving average of GBX 1533. and a 200-day moving average of GBX 1541.. The company’s market cap is £20.105 billion.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Anglo American (LON:AAL) in a research note to investors on Tuesday. They now have a GBX 1,415 ($22.67) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Anglo American (LON:AAL) in a research note to investors on Monday. 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 assigned a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,701.01 ($27.25).
Anglo American plc (LON:AAL) is a mining company.
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