Anglo American (LON:AAL) was downgraded by Redburn Partners to a “sell” rating in a research note issued to investors on Thursday.
AAL has been the subject of several other reports. Societe Generale downgraded shares of Anglo American to a “hold” rating in a research note on Wednesday, January 16th. Citigroup restated a “buy” rating and issued a GBX 2,000 ($26.13) target price on shares of Anglo American in a research note on Monday, December 10th. Deutsche Bank restated a “hold” rating on shares of Anglo American in a research note on Monday, October 15th. HSBC restated a “buy” rating and issued a GBX 2,100 ($27.44) target price (up from GBX 1,970 ($25.74)) on shares of Anglo American in a research note on Wednesday, October 31st. Finally, UBS Group restated a “neutral” rating on shares of Anglo American in a research note on Thursday, November 29th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,864.33 ($24.36).
Shares of AAL stock opened at GBX 1,956.20 ($25.56) on Thursday. Anglo American has a twelve month low of GBX 950.10 ($12.41) and a twelve month high of GBX 1,870 ($24.43).
In other Anglo American news, insider Stuart J. Chambers bought 547 shares of the company’s stock in a transaction on Wednesday, December 19th. The shares were bought at an average cost of GBX 1,731 ($22.62) per share, with a total value of £9,468.57 ($12,372.36).
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.
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