Anglo American plc (LON:AAL)‘s stock had its “overweight” rating reiterated by analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Tuesday, July 25th, MarketBeat.com reports. They currently have a GBX 1,600 ($21.11) price target on the mining company’s stock, up from their prior price target of GBX 1,500 ($19.79). J P Morgan Chase & Co’s price target would suggest a potential upside of 27.54% from the company’s previous close.

Several other research firms have also issued reports on AAL. Citigroup Inc. reissued a “neutral” rating and set a GBX 1,400 ($18.47) price target on shares of Anglo American plc in a research report on Monday, April 3rd. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,270 ($16.75) target price on shares of Anglo American plc in a research report on Tuesday, March 28th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,165 ($15.37) target price on shares of Anglo American plc in a research report on Tuesday, July 4th. Jefferies Group LLC dropped their target price on Anglo American plc from GBX 1,400 ($18.47) to GBX 1,300 ($17.15) and set a “hold” rating on the stock in a research report on Tuesday, April 18th. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 1,250 ($16.49) target price on shares of Anglo American plc in a research report on Friday, July 21st. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,275.31 ($16.82).

Shares of Anglo American plc (LON:AAL) traded up 1.28% during trading on Tuesday, hitting GBX 1270.50. 4,525,898 shares of the stock were exchanged. Anglo American plc has a one year low of GBX 725.60 and a one year high of GBX 1,529.01. The stock’s 50 day moving average price is GBX 1,081.64 and its 200 day moving average price is GBX 1,170.50. The stock’s market cap is GBX 16.43 billion.

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In other news, insider Mphu Ramatlapeng purchased 283 shares of the business’s stock in a transaction dated Monday, June 26th. The stock was bought at an average cost of GBX 982 ($12.95) per share, with a total value of £2,779.06 ($3,665.82). Also, insider John Parker purchased 62,696 shares of the business’s stock in a transaction dated Tuesday, May 30th. The shares were purchased at an average cost of GBX 1,057 ($13.94) per share, with a total value of £662,696.72 ($874,154.76). Over the last three months, insiders purchased 63,007 shares of company stock valued at $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.

Analyst Recommendations for Anglo American plc (LON:AAL)

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