Anglo American plc (LON:AAL) had its target price decreased by equities researchers at HSBC from GBX 1,150 ($14.25) to GBX 1,100 ($13.63) in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the mining company’s stock. HSBC’s price objective would indicate a potential downside of 3.34% from the company’s previous close.

AAL has been the topic of a number of other research reports. Jefferies Group reissued an “underperform” rating and issued a GBX 850 ($10.53) target price on shares of Anglo American plc in a research note on Monday, October 31st. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 800 ($9.91) price target on shares of Anglo American plc in a research note on Thursday, July 28th. Liberum Capital lifted their price target on shares of Anglo American plc from GBX 440 ($5.45) to GBX 460 ($5.70) and gave the stock a “sell” rating in a research note on Thursday, October 13th. Barclays PLC reaffirmed an “equal weight” rating on shares of Anglo American plc in a research note on Thursday. Finally, Credit Suisse Group AG reaffirmed a “neutral” rating and set a GBX 950 ($11.77) price target on shares of Anglo American plc in a research note on Sunday, September 25th. Ten equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 756.23 ($9.37).

Analyst Recommendations for Anglo American plc (LON:AAL)

Shares of Anglo American plc (LON:AAL) opened at 1189.50 on Thursday. Anglo American plc has a 52 week low of GBX 215.55 and a 52 week high of GBX 1,270.50. The firm’s market cap is GBX 15.34 billion. The stock’s 50 day moving average is GBX 1,048.40 and its 200 day moving average is GBX 820.75.

In other Anglo American plc news, insider Mphu Ramatlapeng bought 290 shares of the company’s stock in a transaction that occurred on Wednesday, September 28th. The shares were acquired at an average cost of GBX 937 ($11.61) per share, for a total transaction of £2,717.30 ($3,365.91).

About Anglo American plc

Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The Company’s segments include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It produces platinum group metals (PGMs), which provides approximately 40% of mined platinum and its operations are located in the Bushveld Complex in South Africa.

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