Anglo American’s (AAL) “Neutral” Rating Reiterated at UBS Group

UBS Group reissued their neutral rating on shares of Anglo American (LON:AAL) in a research note issued to investors on Thursday morning, investing.thisismoney.co.uk reports.

A number of other equities research analysts have also issued reports on AAL. Deutsche Bank restated a hold rating on shares of Anglo American in a research note on Wednesday. Barclays upped their target price on shares of Anglo American from GBX 1,725 ($22.54) to GBX 1,850 ($24.17) and gave the company an equal weight rating in a research note on Friday, October 12th. HSBC upped their target price on shares of Anglo American from GBX 1,960 ($25.61) to GBX 1,970 ($25.74) and gave the company a buy rating in a research note on Wednesday, October 24th. Liberum Capital restated a sell rating on shares of Anglo American in a research note on Wednesday, October 3rd. Finally, Credit Suisse Group restated a neutral rating on shares of Anglo American in a research note on Wednesday, September 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and an average target price of GBX 1,912.86 ($24.99).

Shares of Anglo American stock opened at GBX 1,566.20 ($20.47) on Thursday. Anglo American has a 1 year low of GBX 950.10 ($12.41) and a 1 year high of GBX 1,870 ($24.43).

In other Anglo American news, insider Tony O’Neill acquired 1,611 shares of the company’s stock in a transaction that occurred on Friday, September 21st. The shares were purchased at an average price of GBX 1,739 ($22.72) per share, for a total transaction of £28,015.29 ($36,606.94).

About Anglo American

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (LON:AAL)

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