Anglo American (AAL) Stock Price Down 2.1%
Anglo American plc (LON:AAL)’s share price traded down 2.1% during trading on Wednesday . The company traded as low as GBX 1,374 ($18.40) and last traded at GBX 1,376 ($18.43). 5,869,985 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 4,860,000 shares. The stock had previously closed at GBX 1,405 ($18.82).
A number of equities analysts recently commented on the company. Macquarie reaffirmed a “neutral” rating on shares of Anglo American in a report on Monday, November 6th. Societe Generale raised their target price on Anglo American from GBX 1,550 ($20.76) to GBX 1,650 ($22.10) and gave the stock a “buy” rating in a report on Thursday, November 9th. Deutsche Bank raised their target price on Anglo American from GBX 1,250 ($16.74) to GBX 1,270 ($17.01) and gave the stock a “sell” rating in a report on Friday, October 6th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 1,640 ($21.96) target price on shares of Anglo American in a report on Wednesday, November 15th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 1,550 ($20.76) target price on shares of Anglo American in a report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. Anglo American currently has an average rating of “Hold” and a consensus price target of GBX 1,393.24 ($18.66).
In other news, insider Philip R. Hampton acquired 725 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was purchased at an average price of GBX 1,289 ($17.26) per share, for a total transaction of £9,345.25 ($12,515.40). In the last 90 days, insiders have bought 757 shares of company stock valued at $980,365.
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Anglo American 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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