Anglo American plc’s (AAL) Neutral Rating Reiterated at Goldman Sachs Group, Inc. (The)
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reissued by equities research analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Monday. They presently have a GBX 1,050 ($13.71) target price on the mining company’s stock. Goldman Sachs Group, Inc. (The)’s target price points to a potential downside of 3.00% from the stock’s current price.
AAL has been the topic of several other reports. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 1,600 ($20.89) target price (up from GBX 1,530 ($19.98)) on shares of Anglo American plc in a research note on Tuesday, May 2nd. Macquarie reaffirmed a “neutral” rating and issued a GBX 1,215 ($15.87) price target on shares of Anglo American plc in a research note on Tuesday, July 18th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 1,500 ($19.59) price target on shares of Anglo American plc in a research note on Wednesday, April 5th. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,270 ($16.58) price target on shares of Anglo American plc in a research note on Tuesday, March 28th. Finally, Credit Suisse Group decreased their price target on shares of Anglo American plc from GBX 1,400 ($18.28) to GBX 1,190 ($15.54) and set a “neutral” rating on the stock in a research note on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,255.67 ($16.40).
Shares of Anglo American plc (LON AAL) traded up 0.69% during mid-day trading on Monday, hitting GBX 1099.00. The company had a trading volume of 2,703,553 shares. The company’s market capitalization is GBX 14.00 billion. Anglo American plc has a 1-year low of GBX 725.60 and a 1-year high of GBX 1,529.01. The company has a 50-day moving average price of GBX 1,048.21 and a 200-day moving average price of GBX 1,170.98.
In related news, insider John Parker bought 62,696 shares of the stock in a transaction on Tuesday, May 30th. The shares were bought at an average cost of GBX 1,057 ($13.80) per share, for a total transaction of £662,696.72 ($865,365.27). Also, insider Mphu Ramatlapeng bought 283 shares of the stock in a transaction on Monday, June 26th. The shares were bought at an average price of GBX 982 ($12.82) per share, for a total transaction of £2,779.06 ($3,628.96). Over the last 90 days, insiders acquired 63,007 shares of company stock worth $66,578,196.
About Anglo American plc
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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