Anglo American plc (LON:AAL) had its price objective lifted by Canaccord Genuity from GBX 980 ($12.79) to GBX 1,080 ($14.10) in a research report released on Thursday morning. The firm currently has a buy rating on the mining company’s stock.
A number of other equities research analysts also recently commented on AAL. Credit Suisse Group AG reiterated a neutral rating and set a GBX 950 ($12.40) price target on shares of Anglo American plc in a report on Sunday, September 25th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 1,150 ($15.01) price target on shares of Anglo American plc in a report on Monday. Macquarie reiterated an underperform rating and set a GBX 570 ($7.44) price target on shares of Anglo American plc in a report on Monday, August 22nd. Jefferies Group reiterated an underperform rating and set a GBX 750 ($9.79) price target on shares of Anglo American plc in a report on Tuesday, September 20th. Finally, Liberum Capital reiterated a sell rating and set a GBX 440 ($5.74) price target on shares of Anglo American plc in a report on Tuesday, September 20th. Eleven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 674.04 ($8.80).
Shares of Anglo American plc (LON:AAL) traded down 1.55% on Thursday, hitting GBX 964.90. 6,572,957 shares of the company’s stock were exchanged. The company’s 50-day moving average price is GBX 858.29 and its 200 day moving average price is GBX 719.34. The stock’s market cap is GBX 12.45 billion. Anglo American plc has a 12-month low of GBX 215.55 and a 12-month high of GBX 981.28.
In other news, insider Mphu Ramatlapeng purchased 290 shares of the stock in a transaction dated Wednesday, September 28th. The stock was acquired at an average price of GBX 937 ($12.23) per share, for a total transaction of £2,717.30 ($3,546.93).
About Anglo American plc
Anglo American plc is a mining company focusing on diamonds, platinum group metals (PGMs) and copper. Its segments are Platinum: platinum group metals; De Beers: rough and polished diamonds; Copper: copper; Nickel: nickel; Niobium and Phosphates: niobium and phosphates; Iron Ore and Manganese: iron ore, manganese ore and alloys, and Coal: metallurgical coal and thermal coal.
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