Anglo American plc (LON:AAL)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research note issued on Wednesday. They currently have a GBX 1,150 ($15.01) target price on the mining company’s stock. JPMorgan Chase & Co.’s target price points to a potential upside of 12.63% from the company’s previous close.

Several other research firms have also recently weighed in on AAL. Barclays PLC reiterated an “equal weight” rating and issued a GBX 845 ($11.03) price objective on shares of Anglo American plc in a report on Wednesday. Macquarie reiterated a “neutral” rating and issued a GBX 815 ($10.64) price objective on shares of Anglo American plc in a report on Wednesday. Credit Suisse Group AG reiterated a “neutral” rating and issued a GBX 950 ($12.40) price objective on shares of Anglo American plc in a report on Sunday, September 25th. Canaccord Genuity increased their price objective on Anglo American plc from GBX 980 ($12.79) to GBX 1,080 ($14.10) and gave the stock a “buy” rating in a report on Thursday, September 29th. Finally, Jefferies Group reiterated an “underperform” rating and issued a GBX 750 ($9.79) price objective on shares of Anglo American plc in a report on Tuesday, September 20th. Eleven analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 660.74 ($8.62).

Analyst Recommendations for Anglo American plc (LON:AAL)

Shares of Anglo American plc (LON:AAL) traded up 2.26% on Wednesday, hitting GBX 1021.00. The company had a trading volume of 8,088,827 shares. The stock’s market capitalization is GBX 13.17 billion. The firm’s 50 day moving average price is GBX 878.64 and its 200-day moving average price is GBX 736.81. Anglo American plc has a 52 week low of GBX 215.55 and a 52 week high of GBX 1,048.00.

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In related news, insider Mphu Ramatlapeng bought 290 shares of the stock in a transaction that occurred on Wednesday, September 28th. The shares were bought at an average cost of GBX 937 ($12.23) per share, for a total transaction of £2,717.30 ($3,546.93).

About Anglo American plc

Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.

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