Anglo American (AAL) Receives Outperform Rating from Royal Bank of Canada

Royal Bank of Canada reissued their outperform rating on shares of Anglo American (LON:AAL) in a report published on Thursday morning. The firm currently has a GBX 1,950 ($26.24) price target on the mining company’s stock.

Several other analysts have also issued reports on AAL. Deutsche Bank lowered shares of Anglo American to a sell rating and upped their price target for the stock from GBX 1,080 ($14.54) to GBX 1,250 ($16.82) in a research report on Monday, September 25th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 1,640 ($22.07) price target on shares of Anglo American in a research report on Wednesday, November 15th. reaffirmed a buy rating and set a GBX 1,630 ($21.94) price target on shares of Anglo American in a research report on Wednesday, October 18th. Liberum Capital reaffirmed a sell rating and set a GBX 750 ($10.09) price target on shares of Anglo American in a research report on Tuesday, October 24th. Finally, Canaccord Genuity reaffirmed a buy rating and set a GBX 1,560 ($21.00) price target on shares of Anglo American in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 1,413.82 ($19.03).

Anglo American (AAL) opened at GBX 1,501 ($20.20) on Thursday. Anglo American has a 1-year low of GBX 950.10 ($12.79) and a 1-year high of GBX 1,534.50 ($20.65). The company has a market cap of $21,120.00 and a price-to-earnings ratio of 685.39.

In related news, insider Philip R. Hampton purchased 725 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The shares were 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 firm’s stock in a transaction dated Wednesday, December 20th. The shares were bought at an average price of GBX 1,478 ($19.89) per share, for a total transaction of £9,843.48 ($13,248.29). Insiders purchased a total of 1,422 shares of company stock worth $1,964,186 over the last 90 days.

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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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