Anglo American’s Neutral Rating Reaffirmed at Credit Suisse (AAL)
Anglo American (LON:AAL)‘s stock had its “neutral” rating restated by research analysts at Credit Suisse in a report released on Wednesday, Analyst Ratings Network reports. They currently have a GBX 1,600 ($26.24) price target on the stock. Credit Suisse’s target price would indicate a potential upside of 25.34% from the stock’s previous close.
A number of other firms have also recently commented on AAL. Analysts at JPMorgan Chase & Co. downgraded shares of Anglo American to an “underweight” rating in a research note to investors on Wednesday. They now have a GBX 1,200 ($19.68) price target on the stock, down previously from GBX 1,570 ($25.75). Separately, analysts at UBS AG reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Wednesday, December 18th. They now have a GBX 1,500 ($24.60) price target on the stock. Finally, analysts at HSBC cut their price target on shares of Anglo American from GBX 1,655 ($27.14) to GBX 1,570 ($25.75) in a research note to investors on Friday, December 13th. They now have a “neutral” rating on the stock. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have given a buy rating to the company’s stock. Anglo American presently has a consensus rating of “Hold” and an average target price of GBX 1,555.02 ($25.50).
Shares of Anglo American (LON:AAL) opened at 1271.00 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 1313. and a 200-day moving average of GBX 1428.. The company’s market cap is £16.282 billion.
Anglo American plc (LON:AAL) is a mining company.
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