Anglo American plc (LON:AAL) had its target price hoisted by Deutsche Bank AG from GBX 1,250 ($16.58) to GBX 1,270 ($16.85) in a research report report published on Friday morning. They currently have a sell rating on the mining company’s stock.
A number of other research analysts have also weighed in on the stock. Liberum Capital restated a sell rating and set a GBX 750 ($9.95) price objective on shares of Anglo American plc in a report on Wednesday, August 30th. HSBC Holdings plc restated a buy rating and set a GBX 1,250 ($16.58) price objective on shares of Anglo American plc in a report on Friday, July 21st. Canaccord Genuity restated a buy rating and set a GBX 1,650 ($21.89) price objective on shares of Anglo American plc in a report on Friday, July 21st. Macquarie restated a neutral rating and set a GBX 1,215 ($16.12) price objective on shares of Anglo American plc in a report on Monday, June 19th. Finally, J P Morgan Chase & Co raised their price objective on shares of Anglo American plc from GBX 1,600 ($21.22) to GBX 1,670 ($22.15) and gave the stock an overweight rating in a report on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 1,329.69 ($17.64).
Shares of Anglo American plc (LON:AAL) opened at 1466.50 on Friday. The company’s market capitalization is GBX 18.96 billion. The company has a 50-day moving average of GBX 1,352.58 and a 200 day moving average of GBX 1,182.22. Anglo American plc has a 52-week low of GBX 950.10 and a 52-week high of GBX 1,529.01.
The firm also recently disclosed a dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, August 10th were issued a $0.48 dividend. The ex-dividend date was Thursday, August 10th. This represents a dividend yield of 2.98%.
In other news, insider Philip R. Hampton bought 725 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The shares were bought at an average cost of GBX 1,289 ($17.10) per share, with a total value of £9,345.25 ($12,395.87). Over the last 90 days, insiders bought 763 shares of company stock valued at $980,831.
About Anglo American plc
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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