Anglo American plc (AAL) Given New GBX 460 Price Target at Liberum Capital
Anglo American plc (LON:AAL) had its target price increased by equities research analysts at Liberum Capital from GBX 440 ($5.45) to GBX 460 ($5.69) in a report released on Thursday. The brokerage presently has a “sell” rating on the mining company’s stock. Liberum Capital’s price objective indicates a potential downside of 55.79% from the company’s current price.
AAL has been the subject of a number of other research reports. BNP Paribas restated an “underperform” rating and set a GBX 730 ($9.03) price target on shares of Anglo American plc in a report on Tuesday, August 23rd. Barclays PLC reaffirmed an “underweight” rating and set a GBX 550 ($6.81) price objective on shares of Anglo American plc in a research report on Wednesday, September 7th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,150 ($14.23) price objective on shares of Anglo American plc in a research report on Wednesday, October 5th. Jefferies Group reaffirmed an “underperform” rating and set a GBX 750 ($9.28) price objective on shares of Anglo American plc in a research report on Tuesday, August 23rd. Finally, Macquarie reaffirmed an “underperform” rating and set a GBX 570 ($7.05) price objective on shares of Anglo American plc in a research report on Monday, August 22nd. Eleven investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 661.61 ($8.19).
Anglo American plc (LON:AAL) opened at 1001.00 on Thursday. The stock’s market cap is GBX 12.91 billion. Anglo American plc has a 12 month low of GBX 215.55 and a 12 month high of GBX 1,063.50. The firm’s 50 day moving average price is GBX 892.39 and its 200 day moving average price is GBX 749.72.
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In related news, insider Mphu Ramatlapeng acquired 290 shares of the firm’s stock in a transaction that occurred on Wednesday, September 28th. The shares were purchased at an average price of GBX 937 ($11.60) per share, with a total value of £2,717.30 ($3,363.00).
Anglo American plc Company Profile
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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