Deutsche Bank Reiterates “Hold” Rating for Anglo American plc (AAL)
Anglo American plc (LON:AAL)‘s stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a GBX 1,650 ($27.38) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 5.63% from the stock’s previous close.
A number of other firms have also recently commented on AAL. Analysts at Jefferies Group reiterated a “hold” rating on shares of Anglo American plc in a research note on Friday, August 29th. They now have a GBX 1,700 ($28.21) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Anglo American plc in a research note on Tuesday, August 26th. They now have a GBX 1,850 ($30.70) 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 Monday, August 18th. They now have a GBX 1,850 ($30.70) price target on the stock. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have given a buy rating to the company. Anglo American plc presently has a consensus rating of “Hold” and an average target price of GBX 1,610.05 ($26.72).
Anglo American plc (LON:AAL) traded up 1.15% on Wednesday, hitting GBX 1580.00. 7,230,862 shares of the company’s stock traded hands. Anglo American plc has a 52 week low of GBX 1221.00 and a 52 week high of GBX 1678.50. The stock’s 50-day moving average is GBX 1572. and its 200-day moving average is GBX 1526.. The company’s market cap is £20.271 billion.
Anglo American plc (LON:AAL) is a mining company.
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