Anglo American plc (LON:AAL)‘s stock had its “equal weight” rating reiterated by equities researchers at Barclays PLC in a note issued to investors on Tuesday. They currently have a GBX 975 ($12.18) target price on the mining company’s stock. Barclays PLC’s target price indicates a potential downside of 21.21% from the company’s previous close.

A number of other analysts have also commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Anglo American plc from GBX 1,150 ($14.37) to GBX 1,230 ($15.37) and gave the stock an “overweight” rating in a research report on Friday, October 21st. Credit Suisse Group AG boosted their price objective on shares of Anglo American plc from GBX 870 ($10.87) to GBX 890 ($11.12) and gave the stock a “neutral” rating in a research report on Tuesday, August 9th. Macquarie reissued a “neutral” rating and issued a GBX 815 ($10.18) price objective on shares of Anglo American plc in a research report on Wednesday, October 5th. Canaccord Genuity boosted their target price on shares of Anglo American plc from GBX 980 ($12.24) to GBX 1,080 ($13.49) and gave the stock a “buy” rating in a report on Thursday, September 29th. Finally, Liberum Capital boosted their target price on shares of Anglo American plc from GBX 440 ($5.50) to GBX 460 ($5.75) and gave the stock a “sell” rating in a report on Thursday, October 13th. Nine equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 841.68 ($10.52).

Analyst Recommendations for Anglo American plc (LON:AAL)

Anglo American plc (LON:AAL) opened at 1237.00 on Tuesday. The stock’s 50 day moving average is GBX 1,090.66 and its 200-day moving average is GBX 847.63. Anglo American plc has a 12-month low of GBX 215.55 and a 12-month high of GBX 1,270.50. The company’s market capitalization is GBX 15.96 billion.

In other news, insider Mphu Ramatlapeng acquired 290 shares of the stock in a transaction dated Wednesday, September 28th. The stock was bought at an average price of GBX 937 ($11.71) per share, with a total value of £2,717.30 ($3,394.93).

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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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