Anglo American (LON:AAL) had its price target upped by Credit Suisse Group from GBX 2,350 ($30.71) to GBX 2,710 ($35.41) in a report published on Tuesday, ThisIsMoney.Co.Uk reports. The firm currently has an outperform rating on the mining company’s stock.
Several other analysts also recently issued reports on AAL. UBS Group reiterated a sell rating on shares of Anglo American in a research note on Wednesday, May 8th. Barclays reiterated an equal weight rating on shares of Anglo American in a research note on Wednesday, May 8th. Liberum Capital reiterated a sell rating on shares of Anglo American in a research note on Tuesday, April 2nd. Morgan Stanley reiterated an overweight rating and set a GBX 2,280 ($29.79) price target on shares of Anglo American in a research note on Wednesday, May 8th. Finally, Deutsche Bank upped their price target on Anglo American from GBX 1,800 ($23.52) to GBX 2,000 ($26.13) and gave the stock a hold rating in a research note on Friday, February 22nd. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 2,112.67 ($27.61).
AAL opened at GBX 1,964.40 ($25.67) on Tuesday. The stock has a market cap of $24.87 billion and a PE ratio of 7.17. Anglo American has a 52-week low of GBX 1,433.80 ($18.74) and a 52-week high of GBX 2,229.50 ($29.13). The company has a quick ratio of 1.25, a current ratio of 1.95 and a debt-to-equity ratio of 30.44.
The firm also recently announced a dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, March 14th were paid a dividend of $0.51 per share. This is an increase from Anglo American’s previous dividend of $0.49. The ex-dividend date was Thursday, March 14th. This represents a yield of 1.93%. Anglo American’s dividend payout ratio is presently 0.28%.
In other Anglo American news, insider Marcelo Bastos bought 940 shares of the firm’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was purchased at an average price of GBX 2,119 ($27.69) per share, for a total transaction of £19,918.60 ($26,027.18). Also, insider Stephen Pearce sold 45,952 shares of the company’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of GBX 2,010 ($26.26), for a total value of £923,635.20 ($1,206,892.98). In the last 90 days, insiders have purchased 1,428 shares of company stock valued at $2,967,284.
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.
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