Anglo American (AAL) Given New GBX 1,550 Price Target at Barclays

Anglo American (LON:AAL) had its target price upped by Barclays from GBX 1,270 ($17.22) to GBX 1,550 ($21.02) in a research report sent to investors on Monday morning. The firm currently has an equal weight rating on the mining company’s stock.

A number of other analysts have also weighed in on the stock. Credit Suisse Group restated a neutral rating and set a GBX 1,550 ($21.02) target price on shares of Anglo American in a research note on Wednesday, November 15th. JPMorgan Chase & Co. restated an overweight rating on shares of Anglo American in a research note on Wednesday, December 6th. Deutsche Bank raised Anglo American to a hold rating and upped their price target for the company from GBX 1,300 ($17.63) to GBX 1,400 ($18.99) in a report on Friday, December 1st. Liberum Capital upped their price target on Anglo American from GBX 750 ($10.17) to GBX 800 ($10.85) and gave the company a sell rating in a report on Monday, November 27th. Finally, Royal Bank of Canada upped their price target on Anglo American from GBX 1,700 ($23.05) to GBX 1,950 ($26.44) and gave the company an outperform rating in a report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 1,487.50 ($20.17).

Shares of Anglo American (LON AAL) opened at GBX 1,753 ($23.77) on Monday. Anglo American has a one year low of GBX 950.10 ($12.88) and a one year high of GBX 1,763.60 ($23.92). The firm has a market cap of $24,630.00 and a P/E ratio of 811.57.

In related news, insider Philip R. Hampton purchased 666 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The stock was purchased at an average cost of GBX 1,478 ($20.04) per share, with a total value of £9,843.48 ($13,348.90). Over the last ninety days, insiders have purchased 697 shares of company stock valued at $1,029,661.

COPYRIGHT VIOLATION WARNING: This story was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The legal version of this story can be accessed at https://www.dispatchtribunal.com/2018/01/12/anglo-american-aal-given-new-gbx-1550-price-target-at-barclays.html.

Anglo American Company Profile

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 (LON:AAL)

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.

Leave a Reply