Anglo American plc (LON:AAL)‘s stock had its “sell” rating reiterated by equities researchers at Liberum Capital in a report issued on Friday. They presently have a GBX 575 ($7.18) price target on the mining company’s stock. Liberum Capital’s price target would suggest a potential downside of 54.15% from the stock’s previous close.
A number of other equities research analysts have also recently issued reports on the stock. BNP Paribas reissued an “underperform” rating and set a GBX 730 ($9.12) target price on shares of Anglo American plc in a report on Tuesday, August 23rd. Barclays PLC reissued an “underweight” rating and set a GBX 550 ($6.87) target price on shares of Anglo American plc in a report on Wednesday, September 7th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,150 ($14.37) target price on shares of Anglo American plc in a report on Wednesday, October 5th. Macquarie reissued a “neutral” rating and set a GBX 815 ($10.18) target price on shares of Anglo American plc in a report on Tuesday, October 18th. Finally, Citigroup Inc. reissued a “sell” rating and set a GBX 830 ($10.37) target price on shares of Anglo American plc in a report on Friday, October 14th. Nine analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. Anglo American plc currently has an average rating of “Hold” and an average price target of GBX 847.82 ($10.59).
Anglo American plc (LON:AAL) traded down 1.91% during midday trading on Friday, hitting GBX 1230.00. The company had a trading volume of 3,295,047 shares. Anglo American plc has a 52 week low of GBX 215.55 and a 52 week high of GBX 1,270.50. The firm’s 50 day moving average is GBX 1,097.89 and its 200-day moving average is GBX 850.53. The firm’s market capitalization is GBX 15.87 billion.
In other Anglo American plc news, insider Mphu Ramatlapeng bought 290 shares of the firm’s stock in a transaction on Wednesday, September 28th. The stock was acquired at an average price of GBX 937 ($11.71) per share, with a total value of £2,717.30 ($3,394.93).