Anglo American Rating Lowered to Sell at Beaufort Securities (AAL)
Anglo American (LON:AAL) was downgraded by stock analysts at Beaufort Securities to a “sell” rating in a report issued on Monday, Stock Ratings Network reports.
A number of other analysts have also recently weighed in on AAL. Analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American in a research note to investors on Friday, October 18th. They now have a GBX 1,500 ($24.27) price target on the stock. Separately, analysts at AlphaValue reiterated an “add” rating on shares of Anglo American in a research note to investors on Thursday, October 17th. They now have a GBX 1,786 ($28.90) price target on the stock. Finally, analysts at HSBC raised their price target on shares of Anglo American from GBX 1,610 ($26.05) to GBX 1,740 ($28.15) in a research note to investors on Thursday, October 17th. They now have an “overweight” rating on the stock. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Anglo American currently has a consensus rating of “Hold” and an average price target of GBX 1,665.98 ($26.95).
Shares of Anglo American (LON:AAL) traded down 4.82% on Monday, hitting GBX 1460.00. The stock had a trading volume of 3,939,761 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 1529. and a 200-day moving average of GBX 1490.. The company’s market cap is £18.703 billion.
Anglo American plc (LON:AAL) is a mining company.
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