Today, Anglo American plc (AAL) PT Raised to GBX 1,280

Today, Anglo American plc (AAL) PT Raised to GBX 1,280

Anglo American plc (LON:AAL) had its price target boosted by stock analysts at JPMorgan Chase & Co. from GBX 1,230 ($15.37) to GBX 1,280 ($15.99) in a note issued to investors on Monday. The brokerage currently has an “overweight” rating on the mining company’s stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 3.60% from the company’s current price.

Several other equities research analysts have also issued reports on AAL. Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a GBX 400 ($5.00) price objective on shares of Anglo American plc in a research note on Tuesday, July 12th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 400 ($5.00) price objective on shares of Anglo American plc in a research note on Thursday, July 14th. Jefferies Group reaffirmed an “underperform” rating on shares of Anglo American plc in a research note on Friday, July 15th. Credit Suisse Group AG lifted their price objective on shares of Anglo American plc from GBX 630 ($7.87) to GBX 700 ($8.75) and gave the company a “neutral” rating in a research note on Monday, July 18th. Finally, Investec lifted their price objective on shares of Anglo American plc from GBX 505 ($6.31) to GBX 605 ($7.56) and gave the company a “sell” rating in a research note on Tuesday, July 19th. Eight analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 869.62 ($10.86).

Shares of Anglo American plc (LON:AAL) traded down 1.48% during trading on Monday, reaching GBX 1235.50. 4,960,472 shares of the company’s stock were exchanged. Anglo American plc has a 52-week low of GBX 215.55 and a 52-week high of GBX 1,270.50. The company has a 50 day moving average price of GBX 1,103.96 and a 200-day moving average price of GBX 853.18. The company’s market capitalization is GBX 15.94 billion.

In related news, insider Mphu Ramatlapeng bought 290 shares of Anglo American plc stock in a transaction dated Wednesday, September 28th. The shares were bought at an average cost of GBX 937 ($11.71) per share, for a total transaction of £2,717.30 ($3,394.93).

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