Anglo American plc (AAL) Shares Up 2.9%
Anglo American plc (LON:AAL)’s share price shot up 2.9% during trading on Thursday . The company traded as high as GBX 1,342 ($18.09) and last traded at GBX 1,331.50 ($17.95). 7,511,395 shares were traded during mid-day trading, an increase of 41% from the average session volume of 5,323,050 shares. The stock had previously closed at GBX 1,294 ($17.45).
A number of brokerages have recently commented on AAL. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,700 ($22.92) price target on shares of Anglo American plc in a report on Wednesday, August 9th. Macquarie reissued a “neutral” rating and issued a GBX 1,250 ($16.85) price target on shares of Anglo American plc in a report on Thursday, September 14th. Deutsche Bank AG reissued a “hold” rating on shares of Anglo American plc in a report on Friday, September 15th. HSBC Holdings plc reissued a “hold” rating and issued a GBX 1,410 ($19.01) price target on shares of Anglo American plc in a report on Tuesday, September 5th. Finally, Barclays PLC reissued an “equal weight” rating and issued a GBX 1,165 ($15.71) price target on shares of Anglo American plc in a report on Tuesday, July 4th. One research 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’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,312.81 ($17.70).
The stock’s market cap is GBX 17.24 billion. The stock has a 50 day moving average price of GBX 1,321.36 and a 200 day moving average price of GBX 1,169.00.
The company also recently disclosed a dividend, which was paid on Friday, September 22nd. Shareholders of record on Thursday, August 10th were given a dividend of $0.48 per share. This represents a yield of 2.98%. The ex-dividend date of this dividend was Thursday, August 10th.
In other news, insider Mphu Ramatlapeng acquired 283 shares of the business’s stock in a transaction on Monday, June 26th. The shares were acquired at an average price of GBX 982 ($13.24) per share, for a total transaction of £2,779.06 ($3,746.88). Insiders have acquired 321 shares of company stock worth $324,212 in the last quarter.
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.
Receive News & Ratings for Anglo American plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American plc and related companies with MarketBeat.com's FREE daily email newsletter.