Anglo American plc Price Target Lowered to GBX 1,460 at Deutsche Bank (AAL)
Stock analysts at Deutsche Bank reduced their price target on shares of Anglo American plc (LON:AAL) from GBX 1,500 ($25.14) to GBX 1,460 ($24.47) in a report issued on Monday, AR Network reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price points to a potential downside of 3.92% from the stock’s previous close.
Shares of Anglo American plc (LON:AAL) opened at 1550.00 on Monday. 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 1371. and a 200-day moving average of GBX 1441.. The company’s market cap is £19.855 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Anglo American plc in a research note on Friday. They now have a GBX 1,650 ($27.65) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Anglo American plc in a research note on Thursday. They now have a GBX 1,600 ($26.81) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Anglo American plc from GBX 1,200 ($20.11) to GBX 1,260 ($21.12) in a research note on Thursday. They now have an “underweight” rating on the stock. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,542.56 ($25.85).
Anglo American plc (LON:AAL) is a mining company.
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