Anglo American plc (AAL) Receives “Equal weight” Rating from Barclays PLC
Barclays PLC reiterated their equal weight rating on shares of Anglo American plc (LON:AAL) in a research report released on Wednesday morning. They currently have a GBX 845 ($11.03) target price on the mining company’s stock.
Several other equities research analysts have also recently weighed in on the stock. Goldman Sachs Group Inc. reaffirmed a sell rating and issued a GBX 400 ($5.22) price target on shares of Anglo American plc in a research report on Tuesday, July 12th. Credit Suisse Group AG upped their price target on shares of Anglo American plc from GBX 870 ($11.36) to GBX 890 ($11.62) and gave the stock a neutral rating in a research report on Tuesday, August 9th. Jefferies Group reaffirmed an underperform rating on shares of Anglo American plc in a research report on Friday, July 15th. Liberum Capital reaffirmed a sell rating and issued a GBX 400 ($5.22) price target on shares of Anglo American plc in a research report on Thursday, July 14th. Finally, Macquarie reaffirmed an underperform rating and issued a GBX 570 ($7.44) price target on shares of Anglo American plc in a research report on Monday, August 22nd. Eleven research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 674.04 ($8.80).
Shares of Anglo American plc (LON:AAL) traded down 0.15% during midday trading on Wednesday, hitting GBX 1009.50. 2,744,341 shares of the stock were exchanged. Anglo American plc has a 12 month low of GBX 215.55 and a 12 month high of GBX 1,029.00. The firm’s 50-day moving average is GBX 871.31 and its 200-day moving average is GBX 732.94. The stock’s market cap is GBX 13.02 billion.
In other Anglo American plc news, insider Mphu Ramatlapeng purchased 290 shares of the firm’s stock in a transaction dated Wednesday, September 28th. The shares were purchased at an average cost of GBX 937 ($12.23) per share, with a total value of £2,717.30 ($3,546.93).
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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