Anglo American (LON:AAL) had its price target upped by Credit Suisse Group from GBX 1,550 ($20.72) to GBX 1,580 ($21.13) in a report released on Tuesday. The brokerage presently has a “neutral” rating on the mining company’s stock. Credit Suisse Group’s target price would indicate a potential downside of 0.14% from the company’s previous close.
A number of other brokerages have also weighed in on AAL. Macquarie reaffirmed a “neutral” rating on shares of Anglo American in a report on Monday, November 6th. Royal Bank of Canada reissued an “outperform” rating and set a GBX 1,950 ($26.07) price target on shares of Anglo American in a research note on Thursday, December 21st. Societe Generale boosted their price target on Anglo American from GBX 1,550 ($20.72) to GBX 1,650 ($22.06) and gave the stock a “buy” rating in a research note on Thursday, November 9th. Deutsche Bank boosted their price target on Anglo American from GBX 1,250 ($16.71) to GBX 1,270 ($16.98) and gave the stock a “sell” rating in a research note on Friday, October 6th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,640 ($21.93) price target on shares of Anglo American in a research note on Wednesday, November 15th. One 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’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,415.59 ($18.93).
Shares of Anglo American (AAL) opened at GBX 1,582.20 ($21.16) on Tuesday. Anglo American has a twelve month low of GBX 950.10 ($12.70) and a twelve month high of GBX 1,605.40 ($21.47). The firm has a market capitalization of $22,260.00 and a P/E ratio of 735.91.
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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.
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