Anglo American Rating Reiterated by Investec (AAL)
Anglo American (LON:AAL)‘s stock had its “buy” rating reiterated by stock analysts at Investec in a report issued on Monday, ARN reports. They currently have a GBX 1,905.43 ($30.83) price objective on the stock. Investec’s price objective indicates a potential upside of 26.35% from the company’s current price.
A number of other firms have also recently commented on AAL. Analysts at UBS AG reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Monday, October 21st. They now have a GBX 1,500 ($24.27) price target on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Anglo American from GBX 1,830 ($29.61) to GBX 1,780 ($28.80) in a research note to investors on Monday, October 21st. They now have a “buy” rating on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Monday, October 21st. They now have a GBX 1,600 ($25.89) price target on the stock. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,689.44 ($27.33).
Shares of Anglo American (LON:AAL) traded up 0.13% on Monday, hitting GBX 1508.00. 2,620,419 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 1544. and a 200-day moving average of GBX 1502.06. The company’s market cap is £19.317 billion.
Anglo American plc (LON:AAL) is a mining company.
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