Anglo American (AAL) Given “Overweight” Rating at J P Morgan Chase & Co
Several other research firms also recently weighed in on AAL. Liberum Capital reissued a sell rating and set a GBX 750 ($10.09) target price on shares of Anglo American in a research report on Tuesday, October 24th. Macquarie reaffirmed a neutral rating and issued a GBX 1,250 ($16.82) price objective on shares of Anglo American in a research report on Wednesday, August 30th. Deutsche Bank downgraded Anglo American to a sell rating and upped their price objective for the company from GBX 1,080 ($14.54) to GBX 1,250 ($16.82) in a research report on Monday, September 25th. Royal Bank Of Canada reaffirmed an outperform rating and issued a GBX 1,700 ($22.88) price objective on shares of Anglo American in a research report on Wednesday, August 9th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 1,560 ($21.00) price objective on shares of Anglo American in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. Anglo American currently has an average rating of Hold and an average target price of GBX 1,413.82 ($19.03).
Anglo American (LON AAL) traded down GBX 9.50 ($0.13) during trading hours on Wednesday, reaching GBX 1,343 ($18.08). The company’s stock had a trading volume of 6,718,651 shares, compared to its average volume of 5,150,000. Anglo American has a 1-year low of GBX 950.10 ($12.79) and a 1-year high of GBX 1,534.50 ($20.65).
In other news, insider Philip R. Hampton bought 725 shares of the stock in a transaction on Tuesday, September 26th. The stock was acquired at an average cost of GBX 1,289 ($17.35) per share, for a total transaction of £9,345.25 ($12,577.73). Insiders acquired a total of 757 shares of company stock valued at $980,365 over the last quarter.
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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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