Anglo American plc (AAL) Price Target Cut to GBX 1,130 by Analysts at Barclays PLC
Anglo American plc (LON:AAL) had its price target reduced by Barclays PLC from GBX 1,165 ($15.21) to GBX 1,130 ($14.76) in a research report sent to investors on Friday morning. They currently have an equal weight rating on the mining company’s stock.
A number of other research analysts have also weighed in on AAL. Goldman Sachs Group, Inc. (The) reissued a neutral rating and set a GBX 1,050 ($13.71) price target on shares of Anglo American plc in a research note on Wednesday, July 5th. Jefferies Group LLC reissued a hold rating and set a GBX 1,400 ($18.28) price target on shares of Anglo American plc in a research note on Thursday, March 16th. Macquarie reissued a neutral rating and set a GBX 1,250 ($16.32) price target on shares of Anglo American plc in a research note on Thursday, March 16th. Citigroup Inc. reissued a neutral rating and set a GBX 1,400 ($18.28) price target on shares of Anglo American plc in a research note on Monday, April 3rd. Finally, Royal Bank Of Canada increased their price target on Anglo American plc from GBX 1,800 ($23.50) to GBX 1,850 ($24.16) and gave the stock an outperform rating in a research note on Thursday, March 16th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Anglo American plc has an average rating of Hold and a consensus target price of GBX 1,228.13 ($16.04).
Anglo American plc (LON AAL) traded up 1.21% during midday trading on Friday, reaching GBX 1130.50. The company’s stock had a trading volume of 3,827,447 shares. The firm’s market cap is GBX 14.40 billion. The company has a 50 day moving average price of GBX 1,038.60 and a 200 day moving average price of GBX 1,177.39. Anglo American plc has a 1-year low of GBX 725.60 and a 1-year high of GBX 1,529.01.
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In other Anglo American plc news, insider Mphu Ramatlapeng bought 283 shares of the stock in a transaction dated Monday, June 26th. The stock was bought at an average cost of GBX 982 ($12.82) per share, for a total transaction of £2,779.06 ($3,628.96). Also, insider John Parker sold 62,696 shares of the firm’s stock in a transaction dated Friday, April 28th. The shares were sold at an average price of GBX 1,107 ($14.46), for a total value of £694,044.72 ($906,300.24). Insiders have bought 63,007 shares of company stock valued at $66,578,672 over the last 90 days.
Anglo American plc Company Profile
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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