Anglo American plc (AAL) Earns Neutral Rating from Macquarie

Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reiterated by stock analysts at Macquarie in a research report issued to clients and investors on Tuesday, August 1st. They presently have a GBX 1,200 ($15.58) price target on the mining company’s stock. Macquarie’s target price suggests a potential downside of 6.25% from the stock’s current price.

Several other research analysts have also weighed in on AAL. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 1,280 ($16.62) target price (up from GBX 1,250 ($16.23)) on shares of Anglo American plc in a research report on Monday, July 31st. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 1,165 ($15.12) target price on shares of Anglo American plc in a research report on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 1,050 ($13.63) target price on shares of Anglo American plc in a research report on Monday, July 24th. Jefferies Group LLC upped their target price on Anglo American plc from GBX 1,000 ($12.98) to GBX 1,250 ($16.23) and gave the stock a “hold” rating in a research report on Friday, July 28th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a GBX 1,400 ($18.17) target price on shares of Anglo American plc in a research report on Monday, April 3rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,281.56 ($16.64).

Shares of Anglo American plc (LON:AAL) opened at 1280.00 on Tuesday. Anglo American plc has a one year low of GBX 765.10 and a one year high of GBX 1,529.01. The stock’s 50 day moving average price is GBX 1,171.97 and its 200-day moving average price is GBX 1,167.57. The stock’s market cap is GBX 16.55 billion.

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In related news, insider Mphu Ramatlapeng acquired 283 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The stock was acquired at an average cost of GBX 982 ($12.75) per share, with a total value of £2,779.06 ($3,607.76). Also, insider John Parker acquired 62,696 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were bought at an average cost of GBX 1,057 ($13.72) per share, with a total value of £662,696.72 ($860,309.91). Over the last ninety days, insiders have purchased 63,019 shares of company stock valued at $66,593,184.

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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