Anglo American’s (AAL) “Neutral” Rating Reiterated at UBS Group

UBS Group reissued their neutral rating on shares of Anglo American (LON:AAL) in a research report sent to investors on Wednesday, investing.thisismoney.co.uk reports.

Several other research firms also recently issued reports on AAL. Barclays upped their target price on Anglo American from GBX 1,725 ($22.54) to GBX 1,850 ($24.17) and gave the company an equal weight rating in a research report on Friday, October 12th. Deutsche Bank reissued a hold rating on shares of Anglo American in a research report on Friday, July 27th. Liberum Capital reissued a sell rating on shares of Anglo American in a research report on Wednesday, October 3rd. Morgan Stanley reissued an overweight rating on shares of Anglo American in a research report on Friday, June 29th. Finally, HSBC upped their target price on Anglo American from GBX 1,790 ($23.39) to GBX 1,960 ($25.61) and gave the company a hold rating in a research report on Thursday, June 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of GBX 1,894 ($24.75).

LON AAL opened at GBX 1,637.80 ($21.40) on Wednesday. Anglo American has a 1 year low of GBX 950.10 ($12.41) and a 1 year high of GBX 1,870 ($24.43).

The business also recently declared a dividend, which was paid on Friday, September 21st. Shareholders of record on Thursday, August 16th were given a dividend of $0.49 per share. This represents a yield of 2.22%. The ex-dividend date was Thursday, August 16th.

In other news, insider Stephen Pearce sold 95,928 shares of the firm’s stock in a transaction dated Friday, July 27th. The stock was sold at an average price of GBX 1,700 ($22.21), for a total transaction of £1,630,776 ($2,130,897.69). Also, insider Tony O’Neill bought 1,611 shares of the company’s stock in a transaction dated Friday, September 21st. The shares were acquired at an average price of GBX 1,739 ($22.72) per share, for a total transaction of £28,015.29 ($36,606.94).

About Anglo American

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 nickel; and iron and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (LON:AAL)

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