Anglo American plc (AAL) Given Consensus Recommendation of “Hold” by Brokerages
Anglo American plc (LON:AAL) has earned an average rating of “Hold” from the fifteen analysts that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,255.67 ($16.40).
AAL has been the topic of several recent research reports. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 1,500 ($19.59) price target on shares of Anglo American plc in a research note on Wednesday, April 5th. Jefferies Group LLC lowered their price target on shares of Anglo American plc from GBX 1,400 ($18.28) to GBX 1,300 ($16.98) and set a “hold” rating on the stock in a research note on Tuesday, April 18th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,600 ($20.89) price target (up from GBX 1,530 ($19.98)) on shares of Anglo American plc in a research note on Tuesday, May 2nd. Deutsche Bank AG lowered their price target on shares of Anglo American plc from GBX 1,350 ($17.63) to GBX 1,100 ($14.36) and set a “hold” rating on the stock in a research note on Thursday, May 4th. Finally, Macquarie reaffirmed a “neutral” rating and set a GBX 1,175 ($15.34) price target on shares of Anglo American plc in a research note on Tuesday, May 16th.
In other news, insider John Parker acquired 62,696 shares of the stock in a transaction on Tuesday, May 30th. The stock was bought at an average price of GBX 1,057 ($13.80) per share, with a total value of £662,696.72 ($865,365.27). Also, insider Mphu Ramatlapeng acquired 283 shares of the stock in a transaction on Monday, June 26th. The stock was purchased at an average cost of GBX 982 ($12.82) per share, with a total value of £2,779.06 ($3,628.96). Insiders purchased 63,007 shares of company stock worth $66,578,196 in the last 90 days.
Shares of Anglo American plc (LON:AAL) traded down 0.82% during midday trading on Friday, hitting GBX 1091.50. The company had a trading volume of 5,520,447 shares. The stock has a 50 day moving average price of GBX 1,048.21 and a 200 day moving average price of GBX 1,170.98. Anglo American plc has a 1-year low of GBX 763.10 and a 1-year high of GBX 1,529.01. The firm’s market capitalization is GBX 13.90 billion.
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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