Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reissued by equities research analysts at Macquarie in a note issued to investors on Tuesday. They currently have a GBX 1,215 ($15.87) target price on the mining company’s stock. Macquarie’s price objective would indicate a potential upside of 7.47% from the company’s previous close.
A number of other research firms have also issued reports on AAL. Citigroup Inc. reaffirmed a “neutral” rating and issued a GBX 1,400 ($18.28) target price on shares of Anglo American plc in a research note on Monday, April 3rd. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,270 ($16.58) target price on shares of Anglo American plc in a research note on Tuesday, March 28th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,165 ($15.21) target price on shares of Anglo American plc in a research note on Tuesday, July 4th. Jefferies Group LLC reduced their target price on Anglo American plc from GBX 1,400 ($18.28) to GBX 1,300 ($16.98) and set a “hold” rating on the stock in a research note on Tuesday, April 18th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 1,050 ($13.71) target price on shares of Anglo American plc in a research note on Wednesday, July 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 1,228.13 ($16.04).
Shares of Anglo American plc (LON:AAL) opened at 1130.50 on Tuesday. The company has a 50 day moving average price of GBX 1,038.60 and a 200 day moving average price of GBX 1,177.39. Anglo American plc has a 12-month low of GBX 725.60 and a 12-month high of GBX 1,529.01. The firm’s market cap is GBX 14.40 billion.
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In other news, insider Mphu Ramatlapeng acquired 283 shares of the company’s stock in a transaction dated Monday, June 26th. The stock was acquired at an average cost of GBX 982 ($12.82) per share, for a total transaction of £2,779.06 ($3,628.96). Also, insider John Parker acquired 62,696 shares of the company’s stock in a transaction dated Tuesday, May 30th. The shares were purchased at an average price of GBX 1,057 ($13.80) per share, with a total value of £662,696.72 ($865,365.27). Over the last 90 days, insiders have bought 62,993 shares of company stock valued at $66,562,838.
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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