Anglo American plc (AAL) Receives “Neutral” Rating from Goldman Sachs Group, Inc. (The)
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reaffirmed by investment analysts at Goldman Sachs Group, Inc. (The) in a report issued on Wednesday, Marketbeat reports. They presently have a GBX 1,050 ($13.60) target price on the mining company’s stock. Goldman Sachs Group, Inc. (The)’s price target would suggest a potential downside of 0.10% from the stock’s previous close.
Other equities analysts have also issued research reports about the stock. HSBC Holdings plc restated a “buy” rating and set a GBX 1,500 ($19.43) target price on shares of Anglo American plc in a report on Wednesday, April 5th. Barclays PLC reduced their target price on shares of Anglo American plc from GBX 1,240 ($16.06) to GBX 1,220 ($15.80) and set an “equal weight” rating on the stock in a report on Friday, March 24th. Deutsche Bank AG lifted their target price on shares of Anglo American plc from GBX 1,310 ($16.97) to GBX 1,370 ($17.75) and gave the company a “hold” rating in a report on Friday, March 17th. Finally, Jefferies Group LLC restated a “hold” rating and set a GBX 1,400 ($18.13) target price on shares of Anglo American plc in a report on Thursday, March 16th. Two 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. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,239.67 ($16.06).
Shares of Anglo American plc (LON:AAL) traded down 0.47% during mid-day trading on Wednesday, hitting GBX 1051.00. The stock had a trading volume of 3,359,630 shares. Anglo American plc has a 12-month low of GBX 636.56 and a 12-month high of GBX 1,529.01. The company’s 50 day moving average price is GBX 1,038.60 and its 200 day moving average price is GBX 1,177.39. The stock’s market cap is GBX 13.39 billion.
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In related news, insider Mphu Ramatlapeng bought 283 shares of the business’s stock in a transaction dated Monday, June 26th. The shares were acquired at an average price of GBX 982 ($12.72) per share, for a total transaction of £2,779.06 ($3,599.82). Also, insider John Parker sold 62,696 shares of the company’s stock in a transaction dated Friday, April 28th. The shares were sold at an average price of GBX 1,107 ($14.34), for a total transaction of £694,044.72 ($899,021.66). In the last 90 days, insiders bought 63,007 shares of company stock worth $66,578,672.
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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