JPMorgan Chase & Co. Increases Anglo American plc Price Target to GBX 1,490 (AAL)
Research analysts at JPMorgan Chase & Co. boosted their price objective on shares of Anglo American plc (LON:AAL) from GBX 1,350 ($22.97) to GBX 1,490 ($25.36) in a report released on Tuesday. The firm currently has an “underweight” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 2.26% from the stock’s previous close.
Anglo American plc (LON:AAL) traded down 0.92% on Tuesday, hitting GBX 1457.00. 2,580,200 shares of the company’s stock traded hands. Anglo American plc has a one year low of GBX 1195.50 and a one year high of GBX 1678.50. The stock has a 50-day moving average of GBX 1514. and a 200-day moving average of GBX 1455.. The company’s market cap is £18.627 billion.
AAL has been the subject of a number of other recent research reports. Analysts at Credit Suisse cut their price target on shares of Anglo American plc from GBX 1,850 ($31.48) to GBX 1,800 ($30.63) in a research note on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Anglo American plc in a research note on Friday. They now have a GBX 1,550 ($26.38) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Anglo American plc in a research note on Thursday, June 19th. They now have a GBX 1,850 ($31.48) price target on the stock. Four 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’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,576.48 ($26.83).
Anglo American plc (LON:AAL) is a mining company.
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