Anglo American plc (AAL) Given Average Rating of “Hold” by Analysts
Anglo American plc (LON:AAL) has received a consensus rating of “Hold” from the sixteen ratings firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,329.69 ($17.48).
A number of equities analysts recently commented on the company. Deutsche Bank AG raised their target price on Anglo American plc from GBX 1,250 ($16.43) to GBX 1,270 ($16.70) and gave the stock a “sell” rating in a report on Friday. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 1,410 ($18.54) target price on shares of Anglo American plc in a report on Tuesday, September 5th. J P Morgan Chase & Co raised their target price on Anglo American plc from GBX 1,600 ($21.04) to GBX 1,670 ($21.96) and gave the stock an “overweight” rating in a report on Tuesday, September 5th. Jefferies Group LLC raised their target price on Anglo American plc from GBX 1,250 ($16.43) to GBX 1,500 ($19.72) and gave the stock a “hold” rating in a report on Thursday, August 31st. Finally, Macquarie reaffirmed a “neutral” rating and issued a GBX 1,250 ($16.43) target price on shares of Anglo American plc in a report on Wednesday, August 30th.
In related news, insider Philip R. Hampton purchased 725 shares of the company’s stock in a transaction that occurred on Tuesday, September 26th. The stock was bought at an average price of GBX 1,289 ($16.95) per share, for a total transaction of £9,345.25 ($12,286.68). In the last quarter, insiders purchased 763 shares of company stock valued at $980,831.
Shares of Anglo American plc (AAL) traded down 3.38% during mid-day trading on Wednesday, hitting GBX 1431.00. The company’s stock had a trading volume of 4,573,295 shares. The company’s market cap is GBX 18.50 billion. The stock’s 50 day moving average price is GBX 1,358.82 and its 200 day moving average price is GBX 1,182.25. Anglo American plc has a 52-week low of GBX 950.10 and a 52-week high of GBX 1,529.01.
The business also recently declared a dividend, which was paid on Friday, September 22nd. Investors of record on Thursday, August 10th were given a $0.48 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a yield of 2.98%.
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About Anglo American plc
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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