Macquarie reiterated their neutral rating on shares of Anglo American plc (LON:AAL) in a report issued on Wednesday. The firm currently has a GBX 815 ($10.09) price objective on the mining company’s stock.
AAL has been the subject of several other research reports. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 1,100 ($13.61) price objective on shares of Anglo American plc in a research note on Wednesday, September 7th. Liberum Capital reissued a sell rating and set a GBX 440 ($5.45) target price on shares of Anglo American plc in a research report on Tuesday, September 20th. Barclays PLC raised shares of Anglo American plc to an equal weight rating and increased their target price for the company from GBX 550 ($6.81) to GBX 845 ($10.46) in a research report on Wednesday, September 21st. HSBC increased their target price on shares of Anglo American plc from GBX 880 ($10.89) to GBX 930 ($11.51) and gave the company a hold rating in a research report on Monday, August 1st. Finally, Haitong Bank reissued a neutral rating and set a GBX 658 ($8.14) target price on shares of Anglo American plc in a research report on Tuesday, July 26th. Eleven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of GBX 661.61 ($8.19).
Shares of Anglo American plc (LON:AAL) opened at 990.90 on Wednesday. Anglo American plc has a 12 month low of GBX 215.55 and a 12 month high of GBX 1,063.50. The company has a 50 day moving average of GBX 892.39 and a 200 day moving average of GBX 749.72. The stock’s market cap is GBX 12.78 billion.
In other news, insider Mphu Ramatlapeng bought 290 shares of the company’s stock in a transaction that occurred on Wednesday, September 28th. The stock was bought at an average price of GBX 937 ($11.60) per share, for a total transaction of £2,717.30 ($3,363.00).