Anglo American plc (AAL) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Anglo American plc (LON:AAL)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Wednesday. They currently have a GBX 1,600 ($20.65) target price on the mining company’s stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 49.95% from the stock’s previous close.
AAL has been the subject of several other research reports. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,165 ($15.04) price target on shares of Anglo American plc in a research note on Wednesday, May 3rd. Citigroup Inc dropped their price target on Anglo American plc from GBX 1,450 ($18.72) to GBX 1,400 ($18.07) and set a “neutral” rating for the company in a research note on Monday, March 27th. Goldman Sachs Group Inc dropped their price target on Anglo American plc from GBX 1,600 ($20.65) to GBX 1,500 ($19.36) and set a “buy” rating for the company in a research note on Wednesday, March 15th. Liberum Capital reaffirmed a “sell” rating and set a GBX 575 ($7.42) price target on shares of Anglo American plc in a research note on Wednesday, January 25th. Finally, Credit Suisse Group AG reaffirmed a “neutral” rating and set a GBX 1,400 ($18.07) price target on shares of Anglo American plc in a research note on Monday, February 6th. Two research 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 stock presently has a consensus rating of “Hold” and an average target price of GBX 1,278.33 ($16.50).
Shares of Anglo American plc (LON:AAL) traded down 1.02% during trading on Wednesday, reaching GBX 1067.00. The company’s stock had a trading volume of 10,602,612 shares. Anglo American plc has a 12-month low of GBX 557.00 and a 12-month high of GBX 1,529.01. The stock’s market cap is GBX 13.59 billion. The stock’s 50-day moving average is GBX 1,129.39 and its 200-day moving average is GBX 1,207.90.
In other Anglo American plc news, insider Tony O’Neill sold 3,983 shares of the company’s stock in a transaction that occurred on Friday, March 10th. The stock was sold at an average price of GBX 1,156 ($14.92), for a total transaction of £46,043.48 ($59,433.95). Also, insider John Parker sold 62,696 shares of the company’s stock in a transaction that occurred on Friday, April 28th. The stock was sold at an average price of GBX 1,107 ($14.29), for a total value of £694,044.72 ($895,888.37). In the last 90 days, insiders have purchased 754 shares of company stock worth $950,206.
About Anglo American plc
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
Receive News & Ratings for Anglo American plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American plc and related companies with MarketBeat.com's FREE daily email newsletter.