Anglo American Receives Sell Rating from Goldman Sachs Group Inc. (AAL)
Anglo American (LON:AAL)‘s stock had its “sell” rating reiterated by equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports. They currently have a GBX 1,100 ($17.80) price objective on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential downside of 27.51% from the stock’s previous close.
Anglo American (LON:AAL) opened at 1526.50 on Wednesday. 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 1544. and a 200-day moving average of GBX 1502.06. The company’s market cap is £19.554 billion.
AAL has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “sell” rating on shares of Anglo American in a research note to investors on Wednesday. They now have a GBX 1,150 ($18.61) price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Wednesday. They now have a GBX 1,600 ($25.89) 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. They now have a GBX 1,500 ($24.27) price target on the stock. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 1,665.98 ($26.95).
Anglo American plc (LON:AAL) is a mining company.
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