Anglo American plc (LON:AAL)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a research note issued to investors on Friday. They presently have a GBX 1,650 ($21.55) price target on the mining company’s stock. Canaccord Genuity’s price objective would indicate a potential upside of 49.93% from the company’s current price.
Several other analysts have also recently issued reports on the company. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 1,250 ($16.32) price objective on shares of Anglo American plc in a research note on Friday. Credit Suisse Group reduced their price objective on Anglo American plc from GBX 1,400 ($18.28) to GBX 1,190 ($15.54) and set a “neutral” rating on the stock in a research note on Wednesday. Macquarie reiterated a “neutral” rating and issued a GBX 1,215 ($15.87) price objective on shares of Anglo American plc in a research note on Tuesday. Barclays PLC reduced their price objective on Anglo American plc from GBX 1,165 ($15.21) to GBX 1,130 ($14.76) and set an “equal weight” rating on the stock in a research note on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 1,050 ($13.71) price objective on shares of Anglo American plc in a research note on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,255.67 ($16.40).
Anglo American plc (LON:AAL) opened at 1106.50 on Friday. The stock has a 50 day moving average price of GBX 1,047.01 and a 200-day moving average price of GBX 1,171.53. The stock’s market capitalization is GBX 14.09 billion. Anglo American plc has a one year low of GBX 763.10 and a one year high of GBX 1,529.01.
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In other news, insider John Parker acquired 62,696 shares of the company’s stock in a transaction on Tuesday, May 30th. The shares were bought at an average price 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 company’s stock in a transaction on Monday, June 26th. The shares were purchased at an average cost of GBX 982 ($12.82) per share, for a total transaction of £2,779.06 ($3,628.96). In the last ninety days, insiders have acquired 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.
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