Liberum Capital Reiterates “Sell” Rating for Anglo American (AAL)
Liberum Capital reaffirmed their sell rating on shares of Anglo American (LON:AAL) in a research note issued to investors on Monday. The brokerage currently has a GBX 800 ($10.85) price target on the mining company’s stock.
Other equities analysts have also issued reports about the company. Deutsche Bank lowered Anglo American to a sell rating and upped their target price for the stock from GBX 1,080 ($14.65) to GBX 1,250 ($16.95) in a research report on Monday, September 25th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 1,640 ($22.24) price target on shares of Anglo American in a report on Wednesday, November 15th. reiterated a buy rating and set a GBX 1,630 ($22.10) price target on shares of Anglo American in a report on Wednesday, October 18th. Canaccord Genuity reiterated a buy rating and set a GBX 1,560 ($21.16) price target on shares of Anglo American in a report on Tuesday, October 24th. Finally, Societe Generale upped their price target on Anglo American from GBX 1,550 ($21.02) to GBX 1,650 ($22.38) and gave the stock a buy rating in a report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. Anglo American presently has an average rating of Hold and an average price target of GBX 1,495.83 ($20.29).
Anglo American (AAL) opened at GBX 1,755 ($23.80) on Monday. Anglo American has a 12-month low of GBX 950.10 ($12.88) and a 12-month high of GBX 1,794.20 ($24.33). The firm has a market capitalization of $24,650.00 and a P/E ratio of 827.83.
In other news, insider Philip R. Hampton purchased 666 shares of the company’s stock in a transaction dated Wednesday, December 20th. The shares were purchased at an average price of GBX 1,478 ($20.04) per share, with a total value of £9,843.48 ($13,348.90). Insiders acquired a total of 687 shares of company stock valued at $1,014,661 in the last 90 days.
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About Anglo American
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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