Anglo American Rating Reiterated by Investec (AAL)
Anglo American (LON:AAL)‘s stock had its “buy” rating restated by research analysts at Investec in a report released on Thursday, Analyst Ratings Network reports. They currently have a GBX 1,693.98 ($27.92) price objective on the stock. Investec’s price target suggests a potential upside of 27.13% from the company’s current price.
Shares of Anglo American (LON:AAL) traded up 4.88% during mid-day trading on Thursday, hitting GBX 1397.50. The stock had a trading volume of 7,502,833 shares. Anglo American has a one year low of GBX 1195.50 and a one year high of GBX 2088.50. The stock has a 50-day moving average of GBX 1294.56 and a 200-day moving average of GBX 1426.. The company’s market cap is £17.902 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG upgraded shares of Anglo American to a “buy” rating in a research note to investors on Thursday. They now have a GBX 1,580 ($26.04) price target on the stock, up previously from GBX 1,500 ($24.72). Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Anglo American in a research note to investors on Wednesday. They now have a GBX 1,500 ($24.72) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Anglo American in a research note to investors on Tuesday. They now have a GBX 1,140 ($18.79) price target on the stock. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,549.04 ($25.53).
Anglo American plc (LON:AAL) is a mining company.
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