Anglo American plc Rating Increased to Outperform at Credit Suisse (AAL)
Anglo American plc (LON:AAL) was upgraded by equities research analysts at Credit Suisse to an “outperform” rating in a research note issued to investors on Monday, Analyst Ratings Network.com reports. The firm currently has a GBX 1,900 ($31.84) price target on the stock, up from their previous price target of GBX 1,650 ($27.65). Credit Suisse’s price target indicates a potential upside of 25.04% from the stock’s previous close.
A number of other analysts have also recently weighed in on AAL. Analysts at Deutsche Bank cut their price target on shares of Anglo American plc from GBX 1,500 ($25.14) to GBX 1,460 ($24.47) in a research note on Monday. They now have a “hold” rating 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 equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 1,542.56 ($25.85).
Anglo American plc (LON:AAL) opened at 1547.50 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 £19.823 billion.
Anglo American plc (LON:AAL) is a mining company.
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