Anglo American (LON:AAL) had its target price increased by equities researchers at Royal Bank of Canada from GBX 2,050 ($28.32) to GBX 2,200 ($30.40) in a research note issued to investors on Friday, February 16th. The firm presently has an “outperform” rating on the mining company’s stock. Royal Bank of Canada’s price target indicates a potential upside of 23.24% from the stock’s current price.

Several other equities research analysts have also recently weighed in on AAL. Credit Suisse Group reissued a “neutral” rating and set a GBX 1,580 ($21.83) price objective on shares of Anglo American in a research note on Thursday, February 15th. Deutsche Bank restated a “hold” rating and set a GBX 1,550 ($21.41) target price on shares of Anglo American in a research report on Wednesday, February 14th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,920 ($26.53) target price on shares of Anglo American in a research report on Wednesday, February 7th. Liberum Capital restated a “sell” rating and set a GBX 800 ($11.05) target price on shares of Anglo American in a research report on Thursday, January 25th. Finally, Macquarie upgraded Anglo American to an “outperform” rating and set a GBX 2,100 ($29.01) target price for the company in a research report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 1,714.06 ($23.68).

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Shares of Anglo American (LON AAL) traded up GBX 53.56 ($0.74) during mid-day trading on Friday, hitting GBX 1,785.16 ($24.66). The stock had a trading volume of 6,280,000 shares, compared to its average volume of 6,000,000. Anglo American has a 1 year low of GBX 950.10 ($13.13) and a 1 year high of GBX 1,870 ($25.84). The company has a market capitalization of $24,980.00 and a PE ratio of 1,014.30.

In related news, insider Mark Cutifani sold 109,134 shares of the company’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of GBX 1,693 ($23.39), for a total value of £1,847,638.62 ($2,552,692.21). Also, insider Philip R. Hampton bought 666 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was purchased at an average cost of GBX 1,478 ($20.42) per share, for a total transaction of £9,843.48 ($13,599.72).

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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)

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