Anglo American plc (AAL) Given New GBX 1,130 Price Target at Barclays PLC

Anglo American plc (LON:AAL) had its price target cut by Barclays PLC from GBX 1,165 ($15.21) to GBX 1,130 ($14.76) in a research note issued to investors on Friday. They currently have an equal weight rating on the mining company’s stock.

A number of other research analysts have also recently issued reports on AAL. HSBC Holdings plc reiterated a buy rating and issued a GBX 1,500 ($19.59) target price on shares of Anglo American plc in a research report on Wednesday, April 5th. Jefferies Group LLC decreased 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 report on Tuesday, April 18th. Deutsche Bank AG lifted their target price on Anglo American plc from GBX 1,310 ($17.11) to GBX 1,370 ($17.89) and gave the company a hold rating in a research report on Friday, March 17th. Finally, Citigroup Inc. reiterated a neutral rating and issued a GBX 1,400 ($18.28) target price on shares of Anglo American plc in a research report on Monday, April 3rd. Two equities research 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. Anglo American plc presently has a consensus rating of Hold and a consensus price target of GBX 1,228.13 ($16.04).

Shares of Anglo American plc (AAL) traded up 0.22% during midday trading on Friday, hitting GBX 1133.00. 4,262,986 shares of the stock traded hands. The stock has a 50 day moving average of GBX 1,038.60 and a 200 day moving average of GBX 1,177.39. Anglo American plc has a 1-year low of GBX 725.60 and a 1-year high of GBX 1,529.01. The company’s market capitalization is GBX 14.43 billion.

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In related news, insider John Parker acquired 62,696 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The shares were bought at an average cost of GBX 1,057 ($13.80) per share, with a total value of £662,696.72 ($865,365.27). Also, insider Mphu Ramatlapeng acquired 283 shares of the business’s stock in a transaction that occurred on Monday, June 26th. The stock was bought at an average cost of GBX 982 ($12.82) per share, for a total transaction of £2,779.06 ($3,628.96). Over the last ninety days, insiders purchased 63,007 shares of company stock worth $66,578,196.

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.