Anglo American (AAL) Receives Hold Rating from Deutsche Bank
A number of other research analysts have also recently issued reports on the company. Citigroup reiterated a buy rating on shares of Anglo American in a research note on Wednesday, September 12th. JPMorgan Chase & Co. boosted their price target on Anglo American from GBX 2,170 ($28.35) to GBX 2,290 ($29.92) and gave the stock an overweight rating in a research note on Monday, September 10th. Liberum Capital restated a sell rating on shares of Anglo American in a research note on Wednesday, November 7th. HSBC restated a buy rating on shares of Anglo American in a research note on Wednesday, September 12th. Finally, Royal Bank of Canada decreased their price target on Anglo American from GBX 1,950 ($25.48) to GBX 1,750 ($22.87) and set an outperform rating for the company in a research note on Tuesday, October 23rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of Buy and a consensus target price of GBX 1,917.86 ($25.06).
LON:AAL traded up GBX 33.20 ($0.43) during trading hours on Wednesday, reaching GBX 1,712.60 ($22.38). 2,471,575 shares of the company traded hands, compared to its average volume of 6,120,000. Anglo American has a 1 year low of GBX 950.10 ($12.41) and a 1 year high of GBX 1,870 ($24.43).
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 nickel; and iron and manganese ores, as well as alloys.
Featured Article: Technical Analysis of Stocks and What It Means
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.