Deutsche Bank Reiterates Buy Rating for Anglo American (AAL)
Anglo American (LON:AAL)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Friday, AR Network reports. They currently have a GBX 1,780 ($28.80) price objective on the stock. Deutsche Bank’s price objective would indicate a potential upside of 21.92% from the stock’s previous close.
A number of other analysts have also recently weighed in on AAL. Analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Anglo American in a research note to investors on Wednesday. They now have a GBX 1,100 ($17.80) price target on the stock. Separately, 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. Finally, 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. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. Anglo American has an average rating of “Hold” and a consensus target price of GBX 1,665.98 ($26.95).
Anglo American (LON:AAL) traded down 4.82% during mid-day trading on Friday, hitting GBX 1460.00. The stock had a trading volume of 3,939,761 shares. Anglo American has a one year low of GBX 1195.50 and a one year high of GBX 2088.50. The stock’s 50-day moving average is GBX 1529. and its 200-day moving average is GBX 1490.. The company’s market cap is £18.703 billion.
Anglo American plc (LON:AAL) is a mining company.
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