Anglo American plc’s (AAL) Sell Rating Reiterated at Liberum Capital
Liberum Capital restated their sell rating on shares of Anglo American plc (LON:AAL) in a research note published on Friday morning. The firm currently has a GBX 575 ($7.13) target price on the mining company’s stock.
AAL has been the subject of a number of other reports. Barclays PLC upgraded shares of Anglo American plc to an equal weight rating and boosted their target price for the stock from GBX 550 ($6.82) to GBX 845 ($10.48) in a report on Wednesday, September 21st. JPMorgan Chase & Co. boosted their target price on shares of Anglo American plc from GBX 1,150 ($14.27) to GBX 1,230 ($15.26) and gave the stock an overweight rating in a report on Friday, October 21st. Credit Suisse Group AG boosted their target price on shares of Anglo American plc from GBX 870 ($10.79) to GBX 890 ($11.04) and gave the stock a neutral rating in a report on Tuesday, August 9th. Macquarie reiterated a neutral rating and issued a GBX 815 ($10.11) target price on shares of Anglo American plc in a report on Wednesday, October 5th. Finally, Canaccord Genuity boosted their target price on shares of Anglo American plc from GBX 980 ($12.16) to GBX 1,080 ($13.40) and gave the stock a buy rating in a report on Thursday, September 29th. Eight investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 869.62 ($10.79).
Anglo American plc (LON:AAL) opened at 1165.00 on Friday. The company’s market cap is GBX 15.03 billion. Anglo American plc has a 52 week low of GBX 215.55 and a 52 week high of GBX 1,270.50. The stock has a 50 day moving average of GBX 1,112.89 and a 200 day moving average of GBX 861.44.
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In related news, insider Mphu Ramatlapeng acquired 290 shares of the stock in a transaction on Wednesday, September 28th. The shares were acquired at an average price of GBX 937 ($11.62) per share, for a total transaction of £2,717.30 ($3,370.92).
About Anglo American plc
Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The Company’s segments include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It produces platinum group metals (PGMs), which provides approximately 40% of mined platinum and its operations are located in the Bushveld Complex in South Africa.
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