Citigroup Inc. Reiterates Neutral Rating for Anglo American plc (AAL)
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reiterated by investment analysts at Citigroup Inc. in a note issued to investors on Monday, American Banking and Market News reports. They currently have a GBX 1,500 ($25.20) price target on the stock. Citigroup Inc.’s price objective points to a potential downside of 2.16% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of Anglo American plc from GBX 1,530 ($25.71) to GBX 1,510 ($25.37) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American plc in a research note on Thursday. Finally, analysts at Investec reiterated a “hold” rating on shares of Anglo American plc in a research note on Thursday. They now have a GBX 1,670 ($28.06) price target on the stock. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 1,576.64 ($26.49).
Anglo American plc (LON:AAL) opened at 1521.00 on Monday. Anglo American plc has a 52-week low of GBX 1195.50 and a 52-week high of GBX 1695.6249. The stock has a 50-day moving average of GBX 1503. and a 200-day moving average of GBX 1436.. The company’s market cap is £19.445 billion.
Anglo American plc (LON:AAL) is a mining company.
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