Anglo American’s Neutral Rating Reaffirmed at Credit Suisse (AAL)
Anglo American (LON:AAL)‘s stock had its “neutral” rating restated by stock analysts at Credit Suisse in a report issued on Wednesday, Analyst Ratings Net reports. They currently have a GBX 1,600 ($26.36) target price on the stock. Credit Suisse’s target price points to a potential upside of 19.09% from the company’s current price.
A number of other firms have also recently commented on AAL. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Anglo American in a research note to investors on Wednesday. They now have a GBX 2,150 ($35.43) price target on the stock. Separately, 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. Finally, 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. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Anglo American has an average rating of “Hold” and an average target price of GBX 1,529.96 ($25.21).
Anglo American (LON:AAL) traded up 5.73% during mid-day trading on Wednesday, hitting GBX 1420.50. 13,164,667 shares of the company’s stock traded hands. Anglo American has a 1-year low of GBX 1195.50 and a 1-year high of GBX 2088.50. The stock’s 50-day moving average is GBX 1307.68 and its 200-day moving average is GBX 1434.. The company’s market cap is £18.197 billion.
Anglo American plc (LON:AAL) is a mining company.
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