Anglo American plc (LON:AAL) had its price target boosted by Jefferies Group from GBX 750 ($9.28) to GBX 850 ($10.52) in a research report released on Friday morning. Jefferies Group currently has an underperform rating on the mining company’s stock.
Several other equities analysts have also issued reports on AAL. Liberum Capital reaffirmed a sell rating and issued a GBX 400 ($4.95) target price on shares of Anglo American plc in a report on Tuesday, July 26th. Haitong Bank reiterated a neutral rating and issued a GBX 658 ($8.14) price objective on shares of Anglo American plc in a research note on Tuesday, July 26th. JPMorgan Chase & Co. reiterated an underweight rating on shares of Anglo American plc in a research note on Thursday, August 25th. Goldman Sachs Group Inc. upped their price objective on Anglo American plc from GBX 250 ($3.09) to GBX 400 ($4.95) and gave the company a sell rating in a research note on Tuesday, June 28th. Finally, Barclays PLC reiterated an underweight rating and issued a GBX 550 ($6.81) price objective on shares of Anglo American plc in a research note on Wednesday, September 7th. Eleven investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 693.35 ($8.58).
Anglo American plc (LON:AAL) traded up 0.60% during mid-day trading on Friday, hitting GBX 1012.00. The stock had a trading volume of 3,523,779 shares. Anglo American plc has a 1-year low of GBX 215.55 and a 1-year high of GBX 1,063.50. The stock’s market cap is GBX 13.05 billion. The firm’s 50-day moving average price is GBX 899.74 and its 200-day moving average price is GBX 753.15.
In related news, insider Mphu Ramatlapeng acquired 290 shares of Anglo American plc stock in a transaction dated Wednesday, September 28th. The shares were purchased at an average cost of GBX 937 ($11.60) per share, with a total value of £2,717.30 ($3,363.00).