Barclays PLC reissued their equal weight rating on shares of Anglo American plc (LON:AAL) in a research report sent to investors on Wednesday. The brokerage currently has a GBX 845 ($10.46) price target on the mining company’s stock.
A number of other equities research analysts also recently commented on AAL. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 540 ($6.68) target price on shares of Anglo American plc in a report on Monday, June 13th. Citigroup Inc. reissued a sell rating on shares of Anglo American plc in a report on Tuesday, June 21st. BNP Paribas reissued an underperform rating and issued a GBX 600 ($7.43) target price on shares of Anglo American plc in a report on Monday, June 27th. Goldman Sachs Group Inc. raised their target price on Anglo American plc from GBX 250 ($3.09) to GBX 400 ($4.95) and gave the company a sell rating in a report on Tuesday, June 28th. Finally, Credit Suisse Group AG raised their target price on Anglo American plc from GBX 500 ($6.19) to GBX 630 ($7.80) and gave the company a neutral rating in a report on Tuesday, June 28th. Eleven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 660.74 ($8.18).
Anglo American plc (LON:AAL) opened at 1042.3763 on Wednesday. The firm has a 50-day moving average of GBX 882.83 and a 200-day moving average of GBX 743.94. Anglo American plc has a 52-week low of GBX 215.55 and a 52-week high of GBX 1,048.50. The firm’s market cap is GBX 13.45 billion.
In other Anglo American plc news, insider Mphu Ramatlapeng acquired 290 shares of the company’s stock in a transaction on Wednesday, September 28th. The shares were bought at an average cost of GBX 937 ($11.60) per share, for a total transaction of £2,717.30 ($3,363.00).
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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