Anglo American plc Given New GBX 1,260 Price Target at JPMorgan Chase & Co. (AAL)
Stock analysts at JPMorgan Chase & Co. boosted their price objective on shares of Anglo American plc (LON:AAL) from GBX 1,200 ($19.69) to GBX 1,260 ($20.67) in a report issued on Thursday, Analyst Ratings Net reports. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential downside of 17.84% from the stock’s previous close.
A number of other firms have also recently commented on AAL. Analysts at Goldman Sachs raised their price target on shares of Anglo American plc from GBX 1,100 ($18.05) to GBX 1,210 ($19.85) in a research note on Wednesday. They now have a “sell” rating on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American plc in a research note on Tuesday. They now have a GBX 1,300 ($21.33) price target on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of Anglo American plc in a research note on Monday. They now have a GBX 1,580 ($25.92) price target on the stock. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. Anglo American plc presently has a consensus rating of “Hold” and an average target price of GBX 1,531.26 ($25.12).
Shares of Anglo American plc (LON:AAL) traded down 0.49% during mid-day trading on Thursday, hitting GBX 1533.50. The stock had a trading volume of 9,494,506 shares. Anglo American plc 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 1367. and a 200-day moving average of GBX 1440.. The company’s market cap is £19.644 billion.
Anglo American plc (LON:AAL) is a mining company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.