Anglo American plc (AAL) Given Consensus Rating of “Hold” by Analysts

Shares of Anglo American plc (LON:AAL) have been assigned a consensus recommendation of “Hold” from the seventeen ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 1,419.06 ($19.10).

Several research firms recently weighed in on AAL. Jefferies Group lifted their target price on shares of Anglo American from GBX 1,250 ($16.82) to GBX 1,500 ($20.19) and gave the company a “hold” rating in a report on Thursday, August 31st. Macquarie restated a “neutral” rating and issued a GBX 1,330 ($17.90) price target on shares of Anglo American in a research note on Wednesday, October 18th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,640 ($22.07) price target on shares of Anglo American in a research note on Wednesday, December 13th. Royal Bank of Canada boosted their target price on shares of Anglo American from GBX 1,700 ($22.88) to GBX 1,950 ($26.24) and gave the stock an “outperform” rating in a research note on Monday, December 4th. Finally, Deutsche Bank reiterated a “hold” rating on shares of Anglo American in a research note on Friday, September 15th.

In related news, insider Philip R. Hampton bought 725 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The stock was purchased at an average cost of GBX 1,289 ($17.35) per share, for a total transaction of £9,345.25 ($12,577.73). Also, insider Philip R. Hampton purchased 666 shares of the stock in a transaction on Wednesday, December 20th. The stock was acquired at an average cost of GBX 1,478 ($19.89) per share, for a total transaction of £9,843.48 ($13,248.29). Insiders have purchased 1,422 shares of company stock worth $1,964,186 over the last ninety days.

Anglo American (AAL) traded down GBX 6 ($0.08) on Monday, reaching GBX 1,501 ($20.20). 1,428,224 shares of the company’s stock were exchanged, compared to its average volume of 6,020,000. Anglo American has a twelve month low of GBX 950.10 ($12.79) and a twelve month high of GBX 1,534.50 ($20.65). The stock has a market cap of $21,070.00 and a price-to-earnings ratio of 688.53.

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About Anglo American

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.

Analyst Recommendations for Anglo American (LON:AAL)

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