Anglo American plc (LON:AAL)‘s stock had its “sell” rating reaffirmed by analysts at Liberum Capital in a report issued on Wednesday. They presently have a GBX 750 ($9.70) price objective on the mining company’s stock. Liberum Capital’s target price points to a potential downside of 28.71% from the company’s current price.
Several other research firms also recently weighed in on AAL. BNP Paribas restated a “neutral” rating and set a GBX 1,270 ($16.43) target price on shares of Anglo American plc in a report on Tuesday, March 28th. Citigroup Inc restated a “neutral” rating and set a GBX 1,400 ($18.11) target price on shares of Anglo American plc in a report on Monday, April 3rd. Jefferies Group LLC dropped their target price on shares of Anglo American plc from GBX 1,400 ($18.11) to GBX 1,300 ($16.81) and set a “hold” rating for the company in a report on Tuesday, April 18th. JPMorgan Chase & Co. raised their target price on shares of Anglo American plc from GBX 1,370 ($17.72) to GBX 1,470 ($19.01) and gave the company an “overweight” rating in a report on Wednesday, February 8th. Finally, Macquarie restated a “neutral” rating and set a GBX 1,250 ($16.17) target price on shares of Anglo American plc in a report on Thursday, March 16th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Anglo American plc presently has an average rating of “Hold” and a consensus target price of GBX 1,283.33 ($16.60).
Anglo American plc (LON:AAL) opened at 1050.00 on Wednesday. The stock’s market cap is GBX 13.37 billion. Anglo American plc has a 12-month low of GBX 557.00 and a 12-month high of GBX 1,529.01. The firm has a 50-day moving average of GBX 1,153.47 and a 200-day moving average of GBX 1,208.76.
In related news, insider Philip R. Hampton bought 727 shares of the firm’s stock in a transaction that occurred on Friday, March 24th. The shares were acquired at an average cost of GBX 1,264 ($16.35) per share, with a total value of £9,189.28 ($11,884.74). Also, insider John Parker sold 62,696 shares of the firm’s stock in a transaction that occurred on Friday, April 28th. The stock was sold at an average price of GBX 1,107 ($14.32), for a total transaction of £694,044.72 ($897,626.38). Insiders purchased 754 shares of company stock worth $950,206 over the last three months.
Anglo American plc Company Profile
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.