Anglo American (AAL) Price Target Increased to GBX 1,550 by Analysts at Barclays

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

Other analysts have also issued research reports about the stock. Deutsche Bank lowered shares of Anglo American to a sell rating and raised their target price for the company 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 issued a GBX 1,640 ($22.24) target price on shares of Anglo American in a research report on Wednesday, November 15th. reiterated a buy rating and set a GBX 1,630 ($22.10) price target on shares of Anglo American in a report on Wednesday, October 18th. Canaccord Genuity reiterated a buy rating and set a GBX 1,560 ($21.16) price target on shares of Anglo American in a report on Tuesday, October 24th. Finally, Liberum Capital reiterated a sell rating and set a GBX 750 ($10.17) price target on shares of Anglo American in a report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company’s stock. Anglo American currently has an average rating of Hold and a consensus price target of GBX 1,461.47 ($19.82).

Shares of Anglo American (AAL) opened at GBX 1,728 ($23.43) on Monday. Anglo American has a 52-week low of GBX 950.10 ($12.88) and a 52-week high of GBX 1,718.40 ($23.30). The firm has a market cap of $23,930.00 and a P/E ratio of 800.00.

In related news, insider Philip R. Hampton purchased 666 shares of the firm’s stock in a transaction 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). In the last 90 days, insiders purchased 697 shares of company stock worth $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.

Analyst Recommendations for Anglo American (LON:AAL)

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