Royal Bank of Canada reissued their outperform rating on shares of Anglo American (LON:AAL) in a research report sent to investors on Thursday, December 21st. The brokerage currently has a GBX 1,950 ($26.44) target price on the mining company’s stock.
Other equities research analysts also recently issued reports about the company. Deutsche Bank downgraded Anglo American to a sell rating and increased their price target for the stock from GBX 1,080 ($14.65) to GBX 1,250 ($16.95) in a research report on Monday, September 25th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,640 ($22.24) target price on shares of Anglo American in a research report on Wednesday, November 15th. restated a buy rating and set a GBX 1,630 ($22.10) target price on shares of Anglo American in a research report on Wednesday, October 18th. Liberum Capital restated a sell rating and set a GBX 750 ($10.17) target price on shares of Anglo American in a research report on Tuesday, October 24th. Finally, Canaccord Genuity reaffirmed a buy rating and issued a GBX 1,560 ($21.16) price target on shares of Anglo American in a research note on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 1,487.50 ($20.17).
Anglo American (AAL) opened at GBX 1,768.20 ($23.98) on Thursday. The stock has a market capitalization of $24,780.00 and a price-to-earnings ratio of 818.61. Anglo American has a 12-month low of GBX 950.10 ($12.88) and a 12-month high of GBX 1,773.80 ($24.05).
In other news, insider Philip R. Hampton acquired 666 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The stock was acquired 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 bought 697 shares of company stock valued at $1,029,661.
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About Anglo American
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.
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