Anglo American Stock Rating Reaffirmed by RBC Capital (AAL)
Anglo American (LON:AAL)‘s stock had its “underperform” rating restated by equities researchers at RBC Capital in a research report issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 1,500 ($24.07) price target on the stock. RBC Capital’s target price would indicate a potential upside of 1.63% from the company’s current price.
Shares of Anglo American (LON:AAL) traded up 1.90% during mid-day trading on Thursday, hitting GBX 1476.00. The stock had a trading volume of 2,538,435 shares. Anglo American has a 52 week low of GBX 1195.50 and a 52 week 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 £18.908 billion.
AAL has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Tuesday. They now have a GBX 1,224 ($19.64) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Anglo American in a research note to investors on Tuesday. They now have a GBX 1,830 ($29.36) price target on the stock. Finally, 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. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,674.78 ($26.87).
Anglo American plc (LON:AAL) is a mining company.
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