Citigroup Inc. Reiterates Neutral Rating for Anglo American (AAL)
Anglo American (LON:AAL)‘s stock had its “neutral” rating reiterated by analysts at Citigroup Inc. in a research report issued to clients and investors on Wednesday, StockRatingsNetwork reports. They currently have a GBX 1,500 ($24.20) price objective on the stock. Citigroup Inc.’s target price would indicate a potential upside of 1.04% from the company’s current price.
Anglo American (LON:AAL) traded down 1.08% during mid-day trading on Wednesday, hitting GBX 1468.50. 1,685,200 shares of the company’s stock traded hands. Anglo American has a 52 week low of GBX 1195.50 and a 52 week 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 £18.811 billion.
A number of other analysts have also recently weighed in on AAL. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Anglo American (LON:AAL) in a research note to investors on Friday, September 27th. They now have a GBX 2,350 ($37.92) price target on the stock. Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Anglo American (LON:AAL) in a research note to investors on Thursday, September 26th. They now have a GBX 1,700 ($27.43) price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of Anglo American (LON:AAL) in a research note to investors on Thursday, September 26th. They now have a GBX 1,720 ($27.75) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. Anglo American presently has a consensus rating of “Hold” and an average target price of GBX 1,696.25 ($27.37).
Anglo American plc (LON:AAL) is a mining company.
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