Anglo American plc’s Hold Rating Reaffirmed at Deutsche Bank (AAL)
Anglo American plc (LON:AAL)‘s stock had its “hold” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a GBX 1,590 ($27.08) price objective on the stock. Deutsche Bank’s target price suggests a potential upside of 6.93% from the stock’s previous close.
A number of other firms have also recently commented on AAL. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Anglo American plc in a research note on Tuesday. They now have a GBX 1,850 ($31.51) price target on the stock. Separately, analysts at RBC Capital reiterated an “underperform” rating on shares of Anglo American plc in a research note on Friday, June 27th. They now have a GBX 1,300 ($22.14) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Anglo American plc from GBX 1,350 ($22.99) to GBX 1,490 ($25.38) in a research note on Tuesday, June 24th. They now have an “underweight” rating on the stock. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 1,578.38 ($26.88).
Anglo American plc (LON:AAL) opened at 1479.50 on Wednesday. Anglo American plc has a 1-year low of GBX 1195.50 and a 1-year high of GBX 1678.50. The stock has a 50-day moving average of GBX 1492. and a 200-day moving average of GBX 1461.18. The company’s market cap is £18.915 billion.
Anglo American plc (LON:AAL) is a mining company.
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