Goldman Sachs Group, Inc. (The) reaffirmed their neutral rating on shares of Anglo American plc (LON:AAL) in a report published on Wednesday, MarketBeat Ratings reports. The firm currently has a GBX 1,050 ($13.60) price objective on the mining company’s stock.
Other research analysts also recently issued reports about the stock. J P Morgan Chase & Co reiterated an overweight rating and set a GBX 1,600 ($20.73) price target on shares of Anglo American plc in a report on Wednesday, May 17th. Jefferies Group LLC reiterated a hold rating and set a GBX 1,300 ($16.84) price target on shares of Anglo American plc in a report on Monday, May 15th. Macquarie reiterated a neutral rating and set a GBX 1,175 ($15.22) price target on shares of Anglo American plc in a report on Tuesday, May 16th. Citigroup Inc. reduced their price objective on shares of Anglo American plc from GBX 1,450 ($18.78) to GBX 1,400 ($18.13) and set a neutral rating on the stock in a research note on Monday, March 27th. Finally, Liberum Capital reissued a sell rating and issued a GBX 750 ($9.72) price objective on shares of Anglo American plc in a research note on Tuesday, April 11th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. Anglo American plc has a consensus rating of Hold and an average target price of GBX 1,239.67 ($16.06).
Shares of Anglo American plc (AAL) opened at 1043.50 on Wednesday. The company’s 50-day moving average price is GBX 1,038.60 and its 200-day moving average price is GBX 1,177.39. The company’s market capitalization is GBX 13.29 billion. Anglo American plc has a 52-week low of GBX 636.56 and a 52-week high of GBX 1,529.01.
In related news, insider John Parker acquired 62,696 shares of the business’s stock in a transaction dated Tuesday, May 30th. The shares were bought at an average price of GBX 1,057 ($13.69) per share, with a total value of £662,696.72 ($858,415.44). Also, insider Mphu Ramatlapeng acquired 283 shares of the business’s stock in a transaction dated Monday, June 26th. The shares were bought at an average cost of GBX 982 ($12.72) per share, for a total transaction of £2,779.06 ($3,599.82). Insiders have bought a total of 63,007 shares of company stock worth $66,578,672 in the last three months.
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.
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