Anglo American plc (AAL) Given Average Recommendation of “Hold” by Brokerages
Anglo American plc (LON:AAL) has been given a consensus rating of “Hold” by the sixteen research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 1,312.81 ($16.95).
A number of brokerages have recently commented on AAL. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,700 ($21.96) price target on shares of Anglo American plc in a report on Wednesday, August 9th. HSBC Holdings plc reiterated a “hold” rating and set a GBX 1,410 ($18.21) price target on shares of Anglo American plc in a report on Tuesday. Macquarie restated a “neutral” rating and issued a GBX 1,200 ($15.50) target price on shares of Anglo American plc in a research note on Tuesday, August 1st. Barclays PLC restated an “equal weight” rating and issued a GBX 1,165 ($15.05) target price on shares of Anglo American plc in a research note on Tuesday, July 4th. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 1,050 ($13.56) target price on shares of Anglo American plc in a research note on Wednesday, July 5th.
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Shares of Anglo American plc (LON AAL) traded down 3.43% during mid-day trading on Friday, hitting GBX 1378.00. 4,359,843 shares of the company were exchanged. The stock’s market cap is GBX 17.82 billion. The stock’s 50-day moving average price is GBX 1,288.88 and its 200 day moving average price is GBX 1,168.99. Anglo American plc has a 12-month low of GBX 782.70 and a 12-month high of GBX 1,529.01.
Anglo American plc (LON:AAL) last issued its quarterly earnings results on Wednesday, July 26th. The mining company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by $0.06. Anglo American plc had a return on equity of 14.11% and a net margin of 14.63%. On average, equities analysts anticipate that Anglo American plc will post $2.17 EPS for the current fiscal year.
The company also recently declared a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 10th will be issued a $0.48 dividend. This represents a yield of 2.98%. The ex-dividend date is Thursday, August 10th.
In other news, insider Mphu Ramatlapeng purchased 283 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The shares were acquired at an average price of GBX 982 ($12.68) per share, for a total transaction of £2,779.06 ($3,589.13). In the last quarter, insiders purchased 323 shares of company stock worth $323,512.
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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