Anglo American Upgraded to Buy by Jefferies Group (AAL)
Anglo American (LON: AAL) was upgraded by investment analysts at Jefferies Group to a “buy” rating in a note issued to investors on Thursday. The firm currently has a $37.34 (2450 GBX) target price on the stock.
Shares of Anglo American opened at 1918.50 on Thursday. Anglo American has a one year low of GBX 1662.50 and a one year high of GBX 2752.00. The stock’s 50-day moving average is currently GBX 1907.. The company’s market cap is £23.598 billion.
A number of other analysts have also recently weighed in on AAL. Analysts at Societe Generale reiterated a “sell” rating on shares of Anglo American in a research note to investors on Wednesday. They now have a $29.43 price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Anglo American in a research note to investors on Monday. They now have a $27.94 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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