Liberum Capital Reiterates Sell Rating for Anglo American plc (AAL)
Anglo American plc (LON:AAL)‘s stock had its “sell” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Friday.
AAL has been the subject of a number of other reports. JPMorgan Chase & Co. boosted their target price on shares of Anglo American plc from GBX 1,470 ($19.12) to GBX 1,530 ($19.90) and gave the company an “overweight” rating in a report on Tuesday, March 7th. Barclays PLC restated an “equal weight” rating and issued a GBX 1,165 ($15.16) target price on shares of Anglo American plc in a report on Wednesday, May 3rd. Citigroup Inc lowered their target price on shares of Anglo American plc from GBX 1,450 ($18.86) to GBX 1,400 ($18.21) and set a “neutral” rating for the company in a report on Monday, March 27th. Goldman Sachs Group Inc lowered their target price on shares of Anglo American plc from GBX 1,600 ($20.81) to GBX 1,500 ($19.51) and set a “buy” rating for the company in a report on Wednesday, March 15th. Finally, Credit Suisse Group AG restated a “neutral” rating and issued a GBX 1,400 ($18.21) target price on shares of Anglo American plc in a report on Monday, February 6th. Two equities 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 company. The stock currently has an average rating of “Hold” and an average price target of GBX 1,278.33 ($16.63).
Shares of Anglo American plc (LON:AAL) traded down 0.47% during trading on Friday, hitting GBX 1052.50. 5,048,416 shares of the stock traded hands. The company’s 50 day moving average is GBX 1,102.03 and its 200 day moving average is GBX 1,205.68. The firm’s market cap is GBX 13.41 billion. Anglo American plc has a 52-week low of GBX 572.00 and a 52-week high of GBX 1,529.01.
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In related news, insider Philip R. Hampton purchased 727 shares of the business’s stock in a transaction that occurred on Friday, March 24th. The shares were purchased at an average cost of GBX 1,264 ($16.44) per share, with a total value of £9,189.28 ($11,954.31). Also, insider John Parker sold 62,696 shares of the company’s stock in a transaction on Friday, April 28th. The shares were sold at an average price of GBX 1,107 ($14.40), for a total transaction of £694,044.72 ($902,881.12). Over the last three months, insiders have bought 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.
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