Anglo American (AAL) Given Buy Rating at Citigroup
A number of other brokerages also recently commented on AAL. Liberum Capital reaffirmed a sell rating on shares of Anglo American in a research note on Friday, June 8th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Anglo American in a research note on Friday, June 8th. UBS Group reaffirmed a neutral rating and set a GBX 1,650 ($21.49) target price on shares of Anglo American in a research note on Friday, July 27th. Deutsche Bank reaffirmed a hold rating on shares of Anglo American in a research note on Friday, July 27th. Finally, HSBC lifted their target price on shares of Anglo American from GBX 1,790 ($23.32) to GBX 1,960 ($25.53) and gave the stock a hold rating in a research note on Thursday, June 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of Buy and an average target price of GBX 1,847.81 ($24.07).
Shares of AAL stock opened at GBX 1,500.60 ($19.55) on Wednesday. Anglo American has a 12 month low of GBX 950.10 ($12.38) and a 12 month high of GBX 1,870 ($24.36).
In related news, insider Stephen Pearce sold 95,928 shares of Anglo American stock in a transaction that occurred on Friday, July 27th. The shares were sold at an average price of GBX 1,700 ($22.14), for a total value of £1,630,776 ($2,124,236.03). Also, insider Stuart J. Chambers acquired 578 shares of the company’s stock in a transaction that occurred on Monday, June 25th. The stock was acquired at an average price of GBX 1,659 ($21.61) per share, with a total value of £9,589.02 ($12,490.58).
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.
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