Anglo American plc (AAL) Price Target Raised to GBX 850
Anglo American plc (LON:AAL) had its target price upped by Jefferies Group from GBX 750 ($9.14) to GBX 850 ($10.36) in a report released on Friday morning. Jefferies Group currently has an underperform rating on the mining company’s stock.
A number of other equities research analysts have also weighed in on AAL. Citigroup Inc. reaffirmed a sell rating and set a GBX 830 ($10.12) target price on shares of Anglo American plc in a research note on Friday, October 14th. Liberum Capital lifted their target price on shares of Anglo American plc from GBX 440 ($5.36) to GBX 460 ($5.61) and gave the company a sell rating in a research note on Thursday, October 13th. Macquarie reaffirmed a neutral rating and set a GBX 815 ($9.93) target price on shares of Anglo American plc in a research note on Wednesday, October 12th. BNP Paribas reaffirmed an underperform rating and set a GBX 730 ($8.90) target price on shares of Anglo American plc in a research note on Thursday, October 6th. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 1,150 ($14.02) target price on shares of Anglo American plc in a research note on Wednesday, October 5th. Eleven investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 693.35 ($8.45).
Shares of Anglo American plc (LON:AAL) opened at 1047.50 on Friday. The firm has a 50-day moving average of GBX 910.44 and a 200 day moving average of GBX 762.83. The stock’s market cap is GBX 13.51 billion. Anglo American plc has a 1-year low of GBX 215.55 and a 1-year high of GBX 1,063.50.
In other Anglo American plc news, insider Mphu Ramatlapeng bought 290 shares of Anglo American plc stock in a transaction on Wednesday, September 28th. The stock was acquired at an average cost of GBX 937 ($11.42) per share, with a total value of £2,717.30 ($3,311.76).
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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