Anglo American (LON:AAL) had its price target hoisted by Royal Bank of Canada from GBX 2,650 ($34.86) to GBX 3,050 ($40.12) in a research note published on Tuesday, Digital Look reports. They currently have a top pick rating on the mining company’s stock.

A number of other research firms have also recently weighed in on AAL. DZ Bank lifted their price objective on shares of Anglo American from GBX 1,580 ($20.78) to GBX 1,600 ($21.05) and gave the company a sell rating in a report on Wednesday, October 30th. Barclays lifted their price objective on shares of Anglo American from GBX 1,900 ($24.99) to GBX 2,000 ($26.31) and gave the company an equal weight rating in a report on Wednesday, January 15th. Jefferies Financial Group lifted their price objective on shares of Anglo American from GBX 2,200 ($28.94) to GBX 2,400 ($31.57) and gave the company a buy rating in a report on Wednesday, October 23rd. Societe Generale cut shares of Anglo American to a hold rating and cut their price objective for the company from GBX 2,360 ($31.04) to GBX 2,230 ($29.33) in a report on Monday, December 16th. Finally, Deutsche Bank reaffirmed a buy rating on shares of Anglo American in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 2,228.13 ($29.31).

AAL opened at GBX 2,093.50 ($27.54) on Tuesday. Anglo American has a fifty-two week low of GBX 1,654.80 ($21.77) and a fifty-two week high of GBX 2,294 ($30.18). The company has a debt-to-equity ratio of 33.15, a quick ratio of 0.40 and a current ratio of 0.51. The company has a fifty day moving average of GBX 1,968.18 and a two-hundred day moving average of GBX 1,951.42. The stock has a market capitalization of $28.61 billion and a price-to-earnings ratio of 243.43.

In related news, insider Jim Rutherford bought 1,078 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average price of GBX 2,183 ($28.72) per share, for a total transaction of £23,532.74 ($30,955.99).

About Anglo American

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Analyst Recommendations for Anglo American (LON:AAL)

Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.