Anglo American (LON:AAL) had its price target hoisted by research analysts at UBS Group from GBX 1,650 ($21.00) to GBX 1,800 ($22.91) in a research note issued to investors on Thursday, Stock Target Advisor reports. The brokerage presently has a “neutral” rating on the mining company’s stock. UBS Group’s target price would indicate a potential downside of 2.15% from the company’s current price.
Other equities research analysts have also issued reports about the company. Citigroup restated a “buy” rating and set a GBX 10 ($0.13) price objective (down from GBX 13 ($0.17)) on shares of Anglo American in a research report on Monday, April 27th. DZ Bank decreased their price target on shares of Anglo American from GBX 1,610 ($20.49) to GBX 1,150 ($14.64) and set a “sell” rating for the company in a report on Wednesday, April 8th. Royal Bank of Canada upgraded shares of Anglo American to an “outperform” rating and upped their price objective for the company from GBX 1,475 ($18.77) to GBX 2,200 ($28.00) in a research note on Thursday, June 18th. Jefferies Financial Group lifted their target price on shares of Anglo American from GBX 2,000 ($25.46) to GBX 2,100 ($26.73) and gave the company a “buy” rating in a research note on Friday, June 19th. Finally, Societe Generale raised shares of Anglo American to a “buy” rating and dropped their price target for the stock from GBX 2,230 ($28.38) to GBX 1,900 ($24.18) in a research note on Thursday, April 23rd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 1,948.75 ($24.80).
Shares of AAL opened at GBX 1,839.60 ($23.41) on Thursday. The company has a 50-day moving average of GBX 1,674.40 and a two-hundred day moving average of GBX 1,736.48. The stock has a market cap of $24.95 billion and a price-to-earnings ratio of 6.67. The company has a debt-to-equity ratio of 34.20, a current ratio of 1.94 and a quick ratio of 1.19. Anglo American has a one year low of GBX 1,018.20 ($12.96) and a one year high of GBX 2,294 ($29.20).
In related news, insider Hixonia Nyasulu purchased 1,455 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were acquired at an average price of GBX 1,388 ($17.67) per share, with a total value of £20,195.40 ($25,703.70). Also, insider Nonkululeko Nyembezi purchased 127 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was bought at an average cost of GBX 1,840 ($23.42) per share, for a total transaction of £2,336.80 ($2,974.16). Over the last quarter, insiders have bought 1,921 shares of company stock worth $2,778,459.
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.
Read More: Futures Contract
Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.