Anglo American Rating Lowered to Reduce at Nomura (AAL)
Anglo American (LON: AAL) was downgraded by research analysts at Nomura to a “reduce” rating in a report released on Monday. They currently have a $25.56 (1700 GBX) target price on the stock, down from their previous target price of $27.06 (1800 GBX).
Shares of Anglo American opened at 1832.00 on Monday. Anglo American has a 52 week low of GBX 1662.50 and a 52 week high of GBX 2676.50. The stock’s 50-day moving average is currently GBX 1907.. The company’s market cap is £23.413 billion.
AAL has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Anglo American in a research note to investors on Wednesday, February 27th. They now have a $25.78 price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Anglo American in a research note to investors on Tuesday, February 26th. They now have a $33.74 price target on the stock. Finally, analysts at Jefferies Group upgraded shares of Anglo American to a “buy” rating in a research note to investors on Thursday, February 21st. They now have a $37.34 price target on the stock.
Anglo American plc (Anglo American) is a mining company..The Company’s portfolio include Bulk commodities which consists of Iron and Manganese, Metallurgical Coal and Thermal; Base Metals, which consists of copper, nickel and niobium; Precious metals and minerals, which include platinum and diamonds and Other Mining and Industrial.
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