Anglo American plc (LON:AAL)‘s stock had its “underperform” rating restated by research analysts at BNP Paribas in a report released on Thursday. They currently have a GBX 730 ($9.53) target price on the mining company’s stock. BNP Paribas’ target price points to a potential downside of 26.88% from the stock’s current price.
A number of other analysts have also recently commented on the company. Goldman Sachs Group Inc. reissued a “sell” rating and issued a GBX 400 ($5.22) price target on shares of Anglo American plc in a research report on Tuesday, July 12th. Barclays PLC raised Anglo American plc to an “equal weight” rating and boosted their price target for the stock from GBX 550 ($7.18) to GBX 845 ($11.03) in a research report on Wednesday, September 21st. Credit Suisse Group AG boosted their price target on Anglo American plc from GBX 870 ($11.36) to GBX 890 ($11.62) and gave the stock a “neutral” rating in a research report on Tuesday, August 9th. Jefferies Group reissued an “underperform” rating on shares of Anglo American plc in a research report on Friday, July 15th. Finally, Liberum Capital reaffirmed a “sell” rating and issued a GBX 400 ($5.22) price objective on shares of Anglo American plc in a research report on Thursday, July 14th. Eleven investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 674.04 ($8.80).
Shares of Anglo American plc (LON:AAL) traded down 1.25% during mid-day trading on Thursday, hitting GBX 998.40. The company had a trading volume of 5,415,851 shares. Anglo American plc has a 52 week low of GBX 215.55 and a 52 week high of GBX 1,029.00. The firm has a 50-day moving average price of GBX 874.32 and a 200-day moving average price of GBX 734.81. The firm’s market capitalization is GBX 12.88 billion.
In other Anglo American plc news, insider Mphu Ramatlapeng purchased 290 shares of the business’s stock in a transaction on Wednesday, September 28th. The stock was acquired at an average price of GBX 937 ($12.23) per share, for a total transaction of £2,717.30 ($3,546.93).