Anglo American Receives Buy Rating from Bank of America Corp. (AAL)
Anglo American (LON:AAL)‘s stock had its “buy” rating reaffirmed by analysts at Bank of America Corp. in a research report issued to clients and investors on Wednesday, American Banking & Market News reports. They currently have a GBX 2,150 ($35.43) target price on the stock. Bank of America Corp.’s price target would suggest a potential upside of 60.03% from the company’s current price.
AAL has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Anglo American in a research note to investors on Monday. They now have a GBX 1,500 ($24.72) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American in a research note to investors on Friday, January 24th. They now have a GBX 1,300 ($21.42) price target on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of Anglo American in a research note to investors on Friday, January 24th. They now have a GBX 1,580 ($26.03) price target on the stock. Four research 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’s stock. Anglo American presently has a consensus rating of “Hold” and an average price target of GBX 1,531.32 ($25.23).
Anglo American (LON:AAL) opened at 1423.00 on Wednesday. Anglo American has a 1-year low of GBX 1195.50 and a 1-year high of GBX 2088.50. The stock has a 50-day moving average of GBX 1305. and a 200-day moving average of GBX 1433.. The company’s market cap is £18.229 billion.
Anglo American plc (LON:AAL) is a mining company.
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