Anglo American plc (LON:AAL) Rating Reiterated by Goldman Sachs Group, Inc. (The)
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reiterated by stock analysts at Goldman Sachs Group, Inc. (The) in a report issued on Monday. They currently have a GBX 1,050 ($13.71) target price on the mining company’s stock. Goldman Sachs Group, Inc. (The)’s price objective would suggest a potential downside of 3.00% from the stock’s previous close.
AAL has been the subject of several other reports. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,600 ($20.89) price objective (up from GBX 1,530 ($19.98)) on shares of Anglo American plc in a research note on Tuesday, May 2nd. Macquarie reaffirmed a “neutral” rating and set a GBX 1,215 ($15.87) price objective on shares of Anglo American plc in a research note on Tuesday, July 18th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 1,500 ($19.59) price objective on shares of Anglo American plc in a research note on Wednesday, April 5th. BNP Paribas reaffirmed a “neutral” rating and set a GBX 1,270 ($16.58) price objective on shares of Anglo American plc in a research note on Tuesday, March 28th. Finally, Credit Suisse Group lowered their target price on shares of Anglo American plc from GBX 1,400 ($18.28) to GBX 1,190 ($15.54) and set a “neutral” rating for the company in a research note on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 1,255.67 ($16.40).
Shares of Anglo American plc (LON:AAL) traded up 0.64% during midday trading on Monday, reaching GBX 1098.50. 2,811,214 shares of the company’s stock traded hands. The company’s market capitalization is GBX 13.99 billion. Anglo American plc has a one year low of GBX 725.60 and a one year high of GBX 1,529.01. The company has a 50-day moving average of GBX 1,048.21 and a 200-day moving average of GBX 1,170.98.
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In other news, insider Mphu Ramatlapeng bought 283 shares of Anglo American plc stock in a transaction on Monday, June 26th. The stock was acquired at an average cost of GBX 982 ($12.82) per share, for a total transaction of £2,779.06 ($3,628.96). Also, insider John Parker sold 62,696 shares of the business’s stock in a transaction dated Friday, April 28th. The stock was sold at an average price of GBX 1,107 ($14.46), for a total transaction of £694,044.72 ($906,300.24). Insiders acquired 63,007 shares of company stock valued at $66,578,196 over the last quarter.
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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