Anglo American plc (AAL) Price Target Increased to GBX 1,550 by Analysts at Credit Suisse Group

Anglo American plc (LON:AAL) had its price objective hoisted by Credit Suisse Group from GBX 1,230 ($16.18) to GBX 1,550 ($20.39) in a research report released on Thursday, October 26th. Credit Suisse Group currently has a neutral rating on the mining company’s stock.

A number of other research analysts have also weighed in on AAL. Barclays PLC reaffirmed an equal weight rating and set a GBX 1,165 ($15.32) price objective on shares of Anglo American plc in a research report on Tuesday, July 4th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and set a GBX 1,050 ($13.81) price objective on shares of Anglo American plc in a research report on Wednesday, July 5th. HSBC Holdings plc reduced their price objective on Anglo American plc from GBX 1,350 ($17.76) to GBX 1,250 ($16.44) and set a buy rating for the company in a research report on Friday, July 14th. Macquarie reissued a neutral rating and issued a GBX 1,215 ($15.98) target price on shares of Anglo American plc in a report on Tuesday, July 18th. Finally, Canaccord Genuity reissued a buy rating and issued a GBX 1,650 ($21.70) target price on shares of Anglo American plc in a report on Friday, July 21st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Anglo American plc currently has a consensus rating of Hold and a consensus price target of GBX 1,390.29 ($18.29).

Anglo American plc (AAL) traded up GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 1,485 ($19.53). The company’s stock had a trading volume of 4,260,598 shares, compared to its average volume of 5,090,000. Anglo American plc has a 1-year low of GBX 950.10 ($12.50) and a 1-year high of GBX 1,534.50 ($20.18).

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In other Anglo American plc news, insider Philip R. Hampton purchased 725 shares of Anglo American plc stock in a transaction dated Tuesday, September 26th. The shares were acquired at an average cost of GBX 1,289 ($16.95) per share, with a total value of £9,345.25 ($12,291.53). Over the last ninety days, insiders have bought 759 shares of company stock worth $980,473.

About Anglo American plc

Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.

Analyst Recommendations for Anglo American plc (LON:AAL)

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