Anglo American (LON:AAL) Earns Buy Rating from Jefferies Financial Group

Anglo American (LON:AAL)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 5,000 price target on the mining company’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 28.50% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft raised their price target on Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. raised their target price on shares of Anglo American from GBX 2,780 to GBX 3,160 and gave the stock an “underweight” rating in a report on Tuesday, May 26th. Finally, Berenberg Bank lifted their price target on shares of Anglo American from GBX 4,000 to GBX 4,200 and gave the stock a “buy” rating in a research report on Friday. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 3,657.50.

Anglo American Stock Performance

LON:AAL opened at GBX 3,891 on Tuesday. Anglo American has a 52-week low of GBX 1,987.20 and a 52-week high of GBX 4,239. The company has a debt-to-equity ratio of 91.60, a quick ratio of 1.28 and a current ratio of 1.98. The stock has a 50-day simple moving average of GBX 3,688.35 and a two-hundred day simple moving average of GBX 3,373.77. The firm has a market capitalization of £41.69 billion, a PE ratio of -11.79, a P/E/G ratio of 2.05 and a beta of 0.96.

Anglo American Company Profile

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.