Credit Suisse Group Raises Anglo American (AAL) Price Target to GBX 1,580
Anglo American (LON:AAL) had its price target raised by stock analysts at Credit Suisse Group from GBX 1,550 ($20.72) to GBX 1,580 ($21.13) in a research report issued on Tuesday. The brokerage presently has a “neutral” rating on the mining company’s stock. Credit Suisse Group’s price target would indicate a potential upside of 0.62% from the stock’s previous close.
Other analysts have also issued reports about the company. Deutsche Bank lowered Anglo American to a “sell” rating and boosted their target price for the company from GBX 1,080 ($14.44) to GBX 1,250 ($16.71) in a research report on Monday, September 25th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,640 ($21.93) target price on shares of Anglo American in a research report on Wednesday, November 15th. reaffirmed a “buy” rating and issued a GBX 1,630 ($21.79) target price on shares of Anglo American in a research report on Wednesday, October 18th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 1,560 ($20.86) target price on shares of Anglo American in a research report on Tuesday, October 24th. Finally, Liberum Capital reaffirmed a “sell” rating and issued a GBX 750 ($10.03) target price on shares of Anglo American in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 1,415.59 ($18.93).
Shares of Anglo American (AAL) opened at GBX 1,570.20 ($20.99) on Tuesday. Anglo American has a 12-month low of GBX 950.10 ($12.70) and a 12-month high of GBX 1,554.50 ($20.78). The company has a market capitalization of $21,690.00 and a PE ratio of 720.28.
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Anglo American 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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