Anglo American plc (LON:AAL)‘s stock had its “equal weight” rating reissued by equities researchers at Barclays PLC in a research note issued on Wednesday. They currently have a GBX 975 ($12.18) price objective on the mining company’s stock. Barclays PLC’s price target indicates a potential downside of 21.08% from the stock’s previous close.
Several other equities research analysts have also recently commented on AAL. Liberum Capital reiterated a “sell” rating and set a GBX 400 ($5.00) price target on shares of Anglo American plc in a research report on Tuesday, July 26th. Haitong Bank reiterated a “neutral” rating and set a GBX 658 ($8.22) price target on shares of Anglo American plc in a research report on Tuesday, July 26th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Anglo American plc in a research report on Thursday, August 25th. Macquarie reiterated an “underperform” rating and set a GBX 570 ($7.12) price target on shares of Anglo American plc in a research report on Thursday, August 4th. Finally, Citigroup Inc. reiterated a “sell” rating on shares of Anglo American plc in a research report on Friday, July 22nd. Eight analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 869.62 ($10.86).
Anglo American plc (LON:AAL) traded down 1.4753% during midday trading on Wednesday, reaching GBX 1234.9807. 4,960,472 shares of the company’s stock were exchanged. The firm’s 50-day moving average is GBX 1,103.96 and its 200 day moving average is GBX 853.19. The stock’s market cap is GBX 15.93 billion. Anglo American plc has a 1-year low of GBX 215.55 and a 1-year high of GBX 1,270.50.
In related news, insider Mphu Ramatlapeng acquired 290 shares of the firm’s stock in a transaction on Wednesday, September 28th. The shares were purchased at an average cost of GBX 937 ($11.71) per share, for a total transaction of £2,717.30 ($3,394.93).