Berenberg Bank reissued their hold rating on shares of Anglo American (LON:AAL – Free Report) in a research note issued to investors on Tuesday morning, Marketbeat Ratings reports. They currently have a GBX 1,600 ($20.22) target price on the mining company’s stock.
Several other brokerages also recently weighed in on AAL. Barclays reaffirmed an overweight rating and set a GBX 2,630 ($33.24) target price on shares of Anglo American in a research note on Friday, February 9th. Jefferies Financial Group restated a buy rating and issued a GBX 2,500 ($31.59) target price on shares of Anglo American in a report on Friday, February 9th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus target price of GBX 2,493.33 ($31.51).
View Our Latest Stock Analysis on Anglo American
Anglo American Trading Up 1.5 %
Anglo American Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be given a $0.41 dividend. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, March 14th. Anglo American’s dividend payout ratio is currently 42,222.22%.
Insider Buying and Selling at Anglo American
In other news, insider Duncan Wanblad sold 24,467 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of GBX 1,737 ($21.95), for a total value of £424,991.79 ($537,080.49). 7.29% of the stock is owned by corporate insiders.
Anglo American Company Profile
Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.
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