Anglo American plc (LON:AAL)‘s stock had its “underperform” rating restated by research analysts at BNP Paribas in a report released on Thursday. They currently have a GBX 730 ($9.53) price objective on the mining company’s stock. BNP Paribas’ price objective suggests a potential downside of 27.79% from the stock’s current price.
A number of other equities analysts have also weighed in on AAL. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 540 ($7.05) price target on shares of Anglo American plc in a research report on Monday, June 13th. Citigroup Inc. reissued a “sell” rating on shares of Anglo American plc in a report on Tuesday, June 21st. Barclays PLC reissued an “underweight” rating on shares of Anglo American plc in a report on Thursday, June 23rd. Goldman Sachs Group Inc. boosted their target price on shares of Anglo American plc from GBX 250 ($3.26) to GBX 400 ($5.22) and gave the stock a “sell” rating in a report on Tuesday, June 28th. Finally, Credit Suisse Group AG boosted their target price on shares of Anglo American plc from GBX 500 ($6.53) to GBX 630 ($8.22) and gave the stock a “neutral” rating in a report on Tuesday, June 28th. Eleven research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 674.04 ($8.80).
Shares of Anglo American plc (LON:AAL) opened at 1009.00 on Thursday. The firm has a 50-day moving average of GBX 871.31 and a 200-day moving average of GBX 732.94. Anglo American plc has a one year low of GBX 215.55 and a one year high of GBX 1,029.00. The company’s market cap is GBX 13.02 billion.
In other news, insider Mphu Ramatlapeng acquired 290 shares of the business’s stock in a transaction on Wednesday, September 28th. The shares were acquired at an average price of GBX 937 ($12.23) per share, for a total transaction of £2,717.30 ($3,546.93).
Anglo American plc Company Profile
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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