Anglo American plc (AAL) Rating Reiterated by BNP Paribas
Anglo American plc (LON:AAL)‘s stock had its “underperform” rating restated by BNP Paribas in a report released on Thursday. They presently have a GBX 730 ($9.53) target price on the mining company’s stock. BNP Paribas’ price target indicates a potential downside of 29.71% from the stock’s previous close.
A number of other analysts have also commented on the company. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,150 ($15.01) price target on shares of Anglo American plc in a report on Wednesday, October 5th. Barclays PLC reiterated an “equal weight” rating and set a GBX 845 ($11.03) target price on shares of Anglo American plc in a report on Wednesday, October 5th. Macquarie reiterated a “neutral” rating and set a GBX 815 ($10.64) target price on shares of Anglo American plc in a report on Wednesday, October 5th. Canaccord Genuity upped their target price on Anglo American plc from GBX 980 ($12.79) to GBX 1,080 ($14.10) and gave the stock a “buy” rating in a report on Thursday, September 29th. Finally, Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 950 ($12.40) target price on shares of Anglo American plc in a report on Sunday, September 25th. Eleven research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 660.74 ($8.62).
Shares of Anglo American plc (LON:AAL) opened at 1038.5076 on Thursday. The company’s market cap is GBX 13.40 billion. The firm has a 50 day moving average price of GBX 878.64 and a 200-day moving average price of GBX 736.81. Anglo American plc has a 12 month low of GBX 215.55 and a 12 month high of GBX 1,048.00.
In other news, insider Mphu Ramatlapeng purchased 290 shares of the company’s stock in a transaction dated Wednesday, September 28th. The stock was bought at an average cost of GBX 937 ($12.23) per share, for a total transaction of £2,717.30 ($3,546.93).
About Anglo American plc
Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.
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