Anglo American Given New GBX 1,210 Price Target at Goldman Sachs (AAL)
Research analysts at Goldman Sachs hoisted their price target on shares of Anglo American (LON:AAL) from GBX 1,100 ($18.05) to GBX 1,210 ($19.85) in a report released on Wednesday, American Banking and Market News reports. The firm currently has a “sell” rating on the stock. Goldman Sachs’ target price indicates a potential downside of 21.45% from the stock’s previous close.
AAL has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American in a research note on Tuesday. They now have a GBX 1,300 ($21.33) price target on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of Anglo American in a research note on Monday. They now have a GBX 1,580 ($25.92) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Anglo American in a research note on Friday, February 7th. They now have a GBX 1,450 ($23.79) price target on the stock. Four analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,524.30 ($25.01).
Shares of Anglo American (LON:AAL) traded up 0.98% on Wednesday, hitting GBX 1541.00. 6,655,881 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 1350. and a 200-day moving average of GBX 1439.. The company’s market cap is £19.740 billion.
Anglo American plc (LON:AAL) is a mining company.
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