Anglo American (LON:AAL) had its target price upped by stock analysts at Deutsche Bank from GBX 1,550 ($21.41) to GBX 1,650 ($22.80) in a note issued to investors on Tuesday. The firm currently has a “hold” rating on the mining company’s stock. Deutsche Bank’s price objective suggests a potential downside of 7.57% from the stock’s previous close.
Several other analysts also recently commented on the company. Credit Suisse Group reissued a “neutral” rating and issued a GBX 1,550 ($21.41) price objective on shares of Anglo American in a research note on Wednesday, November 15th. Liberum Capital reissued a “sell” rating and issued a GBX 800 ($11.05) price objective on shares of Anglo American in a research note on Monday, January 15th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Anglo American in a research note on Wednesday, December 6th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 1,950 ($26.94) price objective on shares of Anglo American in a research note on Thursday, December 21st. Finally, Morgan Stanley increased their price objective on Anglo American from GBX 1,600 ($22.11) to GBX 1,900 ($26.25) and gave the stock an “overweight” rating in a research note on Thursday, January 11th. One analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,714.06 ($23.68).
Anglo American (AAL) opened at GBX 1,785.16 ($24.66) on Tuesday. The stock has a market capitalization of $25,070.00 and a P/E ratio of 1,014.30. Anglo American has a fifty-two week low of GBX 950.10 ($13.13) and a fifty-two week high of GBX 1,870 ($25.84).
Anglo American 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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