Anglo American plc (AAL) Price Target Raised to GBX 850 at Jefferies Group
Anglo American plc (LON:AAL) had its price target raised by equities research analysts at Jefferies Group from GBX 750 ($9.28) to GBX 850 ($10.52) in a research note issued to investors on Friday. The firm currently has an “underperform” rating on the mining company’s stock. Jefferies Group’s price target indicates a potential downside of 14.19% from the company’s current price.
AAL has been the topic of a number of other reports. Royal Bank Of Canada restated a “sector performer” rating and set a GBX 800 ($9.90) price target on shares of Anglo American plc in a research report on Thursday, July 28th. Liberum Capital boosted their price target on shares of Anglo American plc from GBX 440 ($5.45) to GBX 460 ($5.69) and gave the stock a “sell” rating in a research report on Thursday. Credit Suisse Group AG restated a “neutral” rating and set a GBX 950 ($11.76) price target on shares of Anglo American plc in a research report on Sunday, September 25th. Macquarie restated an “underperform” rating and set a GBX 570 ($7.05) price target on shares of Anglo American plc in a research report on Thursday, August 4th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 845 ($10.46) price target on shares of Anglo American plc in a research report on Wednesday, October 5th. Eleven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Anglo American plc currently has an average rating of “Hold” and an average target price of GBX 682.48 ($8.45).
Anglo American plc (LON:AAL) opened at 1017.50 on Friday. The stock’s 50 day moving average is GBX 896.51 and its 200-day moving average is GBX 750.64. The stock’s market capitalization is GBX 13.13 billion. Anglo American plc has a 12 month low of GBX 215.55 and a 12 month high of GBX 1,063.50.
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In other news, insider Mphu Ramatlapeng acquired 290 shares of the business’s stock in a transaction on Wednesday, September 28th. The stock was bought at an average price of GBX 937 ($11.60) per share, for a total transaction 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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