Anglo American plc Given “Sell/Neutral” Rating at Goldman Sachs (AAL)
Anglo American plc (LON:AAL)‘s stock had its “sell/neutral” rating reaffirmed by research analysts at Goldman Sachs in a report released on Wednesday. They currently have a GBX 1,240 ($20.86) price objective on the stock. Goldman Sachs’ price objective points to a potential downside of 19.11% from the stock’s previous close.
Anglo American plc (LON:AAL) opened at 1532.50 on Wednesday. Anglo American plc has a one year low of GBX 1195.50 and a one year high of GBX 1695.6249. The stock has a 50-day moving average of GBX 1559. and a 200-day moving average of GBX 1442.. The company’s market cap is £19.592 billion.
A number of other firms have also recently commented on AAL. Analysts at Credit Suisse downgraded shares of Anglo American plc to a “neutral” rating in a research note on Thursday, May 15th. They now have a GBX 1,850 ($31.12) price target on the stock, up previously from GBX 1,800 ($30.28). Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Anglo American plc from GBX 1,300 ($21.87) to GBX 1,350 ($22.71) in a research note on Monday, May 12th. They now have an “underweight” rating on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Anglo American plc in a research note on Friday, May 9th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 1,589.33 ($26.73).
Anglo American plc (LON:AAL) is a mining company.
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