Anglo American’s Neutral Rating Reaffirmed at UBS AG (AAL)
Anglo American (LON:AAL)‘s stock had its “neutral” rating reaffirmed by UBS AG in a research note issued on Monday, Analyst Ratings News reports. They currently have a GBX 1,500 ($24.27) price target on the stock. UBS AG’s target price points to a potential downside of 0.53% from the company’s current price.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Beaufort Securities downgraded shares of Anglo American to a “sell” rating in a research note to investors on Monday, October 21st. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus 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. The stock had a trading volume of 2,620,419 shares. Anglo American has a 1-year low of GBX 1195.50 and a 1-year high of GBX 2088.50. The stock’s 50-day moving average is GBX 1544. and its 200-day moving average is 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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