Anglo American plc (AAL) Earns “Neutral” Rating from Credit Suisse Group AG
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reaffirmed by investment analysts at Credit Suisse Group AG in a report released on Tuesday. They presently have a GBX 700 ($8.66) price target on the mining company’s stock. Credit Suisse Group AG’s target price would indicate a potential downside of 30.42% from the stock’s previous close.
Several other equities research analysts also recently issued reports on the company. Goldman Sachs Group Inc. reissued a “sell” rating and issued a GBX 400 ($4.95) price objective on shares of Anglo American plc in a research note on Tuesday, July 12th. Jefferies Group reaffirmed an “underperform” rating on shares of Anglo American plc in a research note on Friday, July 15th. Liberum Capital reaffirmed a “sell” rating and set a GBX 400 ($4.95) price target on shares of Anglo American plc in a research note on Thursday, July 14th. Macquarie reaffirmed an “underperform” rating and set a GBX 500 ($6.19) price target on shares of Anglo American plc in a research note on Thursday, July 21st. Finally, BNP Paribas reaffirmed an “underperform” rating and set a GBX 430 ($5.32) price target on shares of Anglo American plc in a research note on Tuesday, April 5th. Eleven equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 693.35 ($8.58).
Anglo American plc (LON:AAL) traded up 1.5546% during trading on Tuesday, reaching GBX 1015.2972. The company’s stock had a trading volume of 4,219,722 shares. The stock’s 50-day moving average is GBX 899.74 and its 200 day moving average is GBX 753.15. Anglo American plc has a 52-week low of GBX 215.55 and a 52-week high of GBX 1,063.50. The firm’s market capitalization is GBX 13.10 billion.
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In other news, insider Mphu Ramatlapeng bought 290 shares of the company’s stock in a transaction dated 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).
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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