Anglo American plc (LON:AAL)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Group LLC in a report issued on Monday, May 15th. They currently have a GBX 1,300 ($16.45) target price on the mining company’s stock. Jefferies Group LLC’s price target points to a potential upside of 34.39% from the company’s current price.
AAL has been the subject of several other reports. HSBC Holdings plc raised Anglo American plc to a “buy” rating and raised their target price for the stock from GBX 1,100 ($13.92) to GBX 1,470 ($18.60) in a research report on Tuesday, January 17th. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 1,400 ($17.71) target price on shares of Anglo American plc in a research report on Monday, February 6th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 1,600 ($20.24) target price (up from GBX 1,530 ($19.35)) on shares of Anglo American plc in a research report on Tuesday, May 2nd. Haitong Bank raised their target price on Anglo American plc from GBX 1,240 ($15.69) to GBX 1,400 ($17.71) and gave the stock a “neutral” rating in a research report on Friday, February 10th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a GBX 1,600 ($20.24) target price on shares of Anglo American plc in a research report on Thursday, January 19th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 1,247 ($15.77).
Anglo American plc (LON AAL) traded down 2.79% on Monday, hitting GBX 967.30. The stock had a trading volume of 28,299,990 shares. The firm’s market cap is GBX 12.32 billion. Anglo American plc has a 1-year low of GBX 579.00 and a 1-year high of GBX 1,529.01. The firm’s 50-day moving average price is GBX 1,053.75 and its 200-day moving average price is GBX 1,193.32.
In other Anglo American plc news, insider John Parker bought 62,696 shares of the stock in a transaction on Tuesday, May 30th. The shares were acquired at an average price of GBX 1,057 ($13.37) per share, with a total value of £662,696.72 ($838,326.02). Also, insider Philip R. Hampton purchased 727 shares of Anglo American plc stock in a transaction dated Friday, March 24th. The shares were purchased at an average price of GBX 1,264 ($15.99) per share, with a total value of £9,189.28 ($11,624.64). Insiders have acquired a total of 63,451 shares of company stock worth $67,219,694 in the last three months.
Anglo American plc Company Profile
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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