Anglo American plc (AAL) Receives “Neutral” Rating from Macquarie
Macquarie restated their neutral rating on shares of Anglo American plc (LON:AAL) in a report published on Tuesday morning, StockTargetPrices.com reports. Macquarie currently has a GBX 815 ($9.93) price objective on the mining company’s stock.
AAL has been the topic of several other research reports. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,100 ($13.41) price target on shares of Anglo American plc in a report on Wednesday, September 7th. Liberum Capital reissued a sell rating and issued a GBX 440 ($5.36) target price on shares of Anglo American plc in a research report on Tuesday, September 20th. Barclays PLC raised Anglo American plc to an equal weight rating and upped their target price for the company from GBX 550 ($6.70) to GBX 845 ($10.30) in a research report on Wednesday, September 21st. HSBC upped their target price on Anglo American plc from GBX 880 ($10.73) to GBX 930 ($11.33) and gave the company a hold rating in a research report on Monday, August 1st. Finally, Haitong Bank reissued a neutral rating and issued a GBX 658 ($8.02) target price on shares of Anglo American plc in a research report on Tuesday, July 26th. Eleven investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 693.35 ($8.45).
Shares of Anglo American plc (LON:AAL) opened at 1043.50 on Tuesday. Anglo American plc has a one year low of GBX 215.55 and a one year high of GBX 1,063.50. The firm has a 50-day moving average price of GBX 910.44 and a 200 day moving average price of GBX 762.83. The firm’s market cap is GBX 13.46 billion.
In other news, insider Mphu Ramatlapeng acquired 290 shares of the stock in a transaction that occurred on Wednesday, September 28th. The stock was purchased at an average cost of GBX 937 ($11.42) per share, with a total value of £2,717.30 ($3,311.76).
Anglo American plc Company Profile
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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