Anglo American plc (AAL) Given Underperform Rating at BNP Paribas
BNP Paribas reiterated their underperform rating on shares of Anglo American plc (LON:AAL) in a research report released on Thursday morning. They currently have a GBX 730 ($9.53) price objective on the mining company’s stock.
A number of other equities research analysts also recently issued reports on AAL. Liberum Capital reaffirmed a sell rating and issued a GBX 400 ($5.22) price objective on shares of Anglo American plc in a research report on Tuesday, July 26th. Haitong Bank reaffirmed a neutral rating and issued a GBX 658 ($8.59) price objective on shares of Anglo American plc in a research report on Tuesday, July 26th. JPMorgan Chase & Co. reaffirmed an underweight rating on shares of Anglo American plc in a research report on Thursday, August 25th. Goldman Sachs Group Inc. increased their target price on shares of Anglo American plc from GBX 250 ($3.26) to GBX 400 ($5.22) and gave the company a sell rating in a research report on Tuesday, June 28th. Finally, Barclays PLC reissued an underweight rating and set a GBX 550 ($7.18) target price on shares of Anglo American plc in a research report on Wednesday, September 7th. Eleven research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of GBX 674.04 ($8.80).
Shares of Anglo American plc (LON:AAL) traded up 2.26% on Thursday, reaching GBX 1021.00. 7,408,260 shares of the company’s stock traded hands. The firm’s market cap is GBX 13.17 billion. The company’s 50-day moving average price is GBX 874.32 and its 200 day moving average price is GBX 734.81. Anglo American plc has a one year low of GBX 215.55 and a one year high of GBX 1,048.00.
In other news, insider Mphu Ramatlapeng purchased 290 shares of the company’s stock in a transaction on Wednesday, September 28th. The stock was acquired at an average cost of GBX 937 ($12.23) per share, for a total transaction 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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