Anglo American’s Hold Rating Reaffirmed at Deutsche Bank (AAL)
Anglo American (LON:AAL)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Monday, American Banking and Market News reports. They currently have a GBX 1,500 ($24.72) price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 13.68% from the stock’s previous close.
Anglo American (LON:AAL) traded down 1.53% on Monday, hitting GBX 1319.50. 5,546,290 shares of the company’s stock traded hands. 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 1304. and a 200-day moving average of GBX 1433.18. The company’s market cap is £16.903 billion.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American in a research note to investors on Friday. They now have a GBX 1,300 ($21.42) price target on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of Anglo American in a research note to investors on Friday. They now have a GBX 1,580 ($26.03) price target on the stock. Finally, analysts at HSBC cut their price target on shares of Anglo American from GBX 1,740 ($28.67) to GBX 1,580 ($26.03) in a research note to investors on Wednesday, January 22nd. They now have an “overweight” rating on the stock. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company. Anglo American has an average rating of “Hold” and a consensus target price of GBX 1,540.41 ($25.38).
Anglo American plc (LON:AAL) is a mining company.
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