Anglo American’s (AAL) Hold Rating Reiterated at Deutsche Bank
A number of other equities research analysts also recently weighed in on the company. Liberum Capital reaffirmed a sell rating on shares of Anglo American in a research note on Wednesday, November 7th. Royal Bank of Canada cut 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. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Anglo American in a research note on Friday, November 9th. Societe Generale raised Anglo American to a buy rating and raised their price target for the stock from GBX 1,750 ($22.87) to GBX 1,890 ($24.70) in a research note on Thursday, October 25th. Finally, UBS Group reaffirmed a neutral rating on shares of Anglo American in a research note on Wednesday, October 17th. Two analysts have rated the stock with a sell rating, four have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Anglo American presently has an average rating of Buy and an average target price of GBX 1,895.67 ($24.77).
LON AAL traded up GBX 6.40 ($0.08) during trading on Friday, reaching GBX 1,814.60 ($23.71). 5,006,823 shares of the company’s stock were exchanged, compared to its average volume of 6,120,000. Anglo American has a fifty-two week low of GBX 950.10 ($12.41) and a fifty-two week high of GBX 1,870 ($24.43).
Anglo American Company Profile
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.
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