Anglo American plc (AAL) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Anglo American plc (LON:AAL) have been given an average rating of “Hold” by the fifteen brokerages that are covering the stock, MarketBeat reports. Two 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 company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,243 ($15.81).
Several research firms have weighed in on AAL. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,480 ($18.82) target price on shares of Anglo American plc in a research note on Wednesday, June 21st. Macquarie reissued a “neutral” rating and issued a GBX 1,215 ($15.45) target price on shares of Anglo American plc in a research note on Monday, June 19th. Deutsche Bank AG cut their target price on Anglo American plc from GBX 1,100 ($13.99) to GBX 1,000 ($12.72) and set a “hold” rating on the stock in a research note on Thursday. Royal Bank Of Canada increased their target price on Anglo American plc from GBX 1,750 ($22.26) to GBX 1,800 ($22.89) and gave the company an “outperform” rating in a research note on Tuesday, February 28th. Finally, HSBC Holdings plc began coverage on Anglo American plc in a research note on Wednesday, March 1st. They issued a “buy” rating and a GBX 1,500 ($19.08) target price on the stock.
In related news, insider Mphu Ramatlapeng purchased 283 shares of the firm’s stock in a transaction on Monday, June 26th. The stock was purchased at an average cost of GBX 982 ($12.49) per share, for a total transaction of £2,779.06 ($3,534.80). Also, insider John Parker purchased 62,696 shares of the firm’s stock in a transaction on Tuesday, May 30th. The stock was bought at an average price of GBX 1,057 ($13.44) per share, with a total value of £662,696.72 ($842,911.12). Over the last quarter, insiders have purchased 63,007 shares of company stock valued at $66,578,672.
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Shares of Anglo American plc (LON AAL) traded up 0.16% during midday trading on Monday, reaching GBX 974.50. 3,861,589 shares of the company were exchanged. The company’s market capitalization is GBX 12.41 billion. The firm’s 50 day moving average is GBX 1,044.91 and its 200-day moving average is GBX 1,188.10. Anglo American plc has a 52-week low of GBX 579.00 and a 52-week high of GBX 1,529.01.
Anglo American plc Company Profile
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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