Deutsche Bank Reiterates Buy Rating for Anglo American (AAL)
Anglo American (LON:AAL)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Tuesday, Analyst Ratings Net reports. They currently have a GBX 1,830 ($29.36) price objective on the stock. Deutsche Bank’s price objective suggests a potential upside of 23.19% from the stock’s previous close.
Anglo American (LON:AAL) opened at 1469.50 on Tuesday. 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 £18.824 billion.
AAL has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Wednesday, October 2nd. They now have a GBX 1,500 ($24.07) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Anglo American in a research note to investors on Friday, September 27th. They now have a GBX 2,350 ($37.70) price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of Anglo American in a research note to investors on Thursday, September 26th. They now have a GBX 1,700 ($27.27) price target on the stock. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. Anglo American has an average rating of “Hold” and an average target price of GBX 1,674.78 ($26.87).
Anglo American plc (LON:AAL) is a mining company.
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