Anglo American plc (LON:AAL) had its price target lowered by Credit Suisse Group AG from GBX 1,400 ($18.28) to GBX 1,190 ($15.54) in a report released on Wednesday morning. The brokerage currently has a neutral rating on the mining company’s stock.
A number of other brokerages have also weighed in on AAL. Barclays PLC cut their target price on shares of Anglo American plc from GBX 1,240 ($16.19) to GBX 1,220 ($15.93) and set an equal weight rating on the stock in a research note on Friday, March 24th. Citigroup Inc. cut their target price on shares of Anglo American plc from GBX 1,450 ($18.93) to GBX 1,400 ($18.28) and set a neutral rating on the stock in a research note on Monday, March 27th. HSBC Holdings plc reaffirmed a buy rating and set a GBX 1,500 ($19.59) target price on shares of Anglo American plc in a research note on Wednesday, April 5th. Liberum Capital reaffirmed a sell rating and set a GBX 750 ($9.79) target price on shares of Anglo American plc in a research note on Tuesday, April 11th. Finally, BNP Paribas reaffirmed a neutral rating and set a GBX 1,270 ($16.58) target price on shares of Anglo American plc in a research note on Tuesday, March 28th. 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 company’s stock. The stock 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 1091.50 on Wednesday. The stock’s 50 day moving average is GBX 1,048.21 and its 200-day moving average is GBX 1,170.98. The company’s market cap is GBX 13.90 billion. Anglo American plc has a 52-week low of GBX 763.10 and a 52-week high of GBX 1,529.01.
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In other news, insider John Parker sold 62,696 shares of the business’s stock in a transaction that occurred on Friday, April 28th. The shares were sold at an average price of GBX 1,107 ($14.46), for a total transaction of £694,044.72 ($906,300.24). Also, insider Mphu Ramatlapeng acquired 283 shares of the firm’s stock in a transaction dated Monday, June 26th. The shares were bought at an average cost of GBX 982 ($12.82) per share, with a total value of £2,779.06 ($3,628.96). Insiders acquired 63,007 shares of company stock valued at $66,578,196 over the last ninety days.
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.
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