Anglo American plc (LON:AAL) had its price target decreased by HSBC Holdings plc from GBX 1,500 ($19.36) to GBX 1,410 ($18.20) in a research note released on Wednesday, April 19th. HSBC Holdings plc currently has a buy rating on the mining company’s stock.
AAL has been the subject of several other reports. JPMorgan Chase & Co. lifted their target price on shares of Anglo American plc from GBX 1,470 ($18.98) to GBX 1,530 ($19.75) and gave the company an overweight rating in a report on Tuesday, March 7th. Citigroup Inc dropped their target price on shares of Anglo American plc from GBX 1,450 ($18.72) to GBX 1,400 ($18.07) and set a neutral rating for the company in a report on Monday, March 27th. Goldman Sachs Group Inc dropped their target price on shares of Anglo American plc from GBX 1,600 ($20.65) to GBX 1,500 ($19.36) and set a buy rating for the company in a report on Wednesday, March 15th. Liberum Capital reiterated a sell rating and issued a GBX 575 ($7.42) price target on shares of Anglo American plc in a research note on Wednesday, January 25th. Finally, Credit Suisse Group AG restated a neutral rating and set a GBX 1,400 ($18.07) target price on shares of Anglo American plc in a research report on Monday, February 6th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. Anglo American plc presently has a consensus rating of Hold and a consensus price target of GBX 1,278.33 ($16.50).
Anglo American plc (LON:AAL) traded up 2.44% on Wednesday, hitting GBX 1093.00. The company had a trading volume of 5,699,847 shares. The company’s market capitalization is GBX 13.92 billion. Anglo American plc has a one year low of GBX 572.00 and a one year high of GBX 1,529.01. The stock’s 50-day moving average price is GBX 1,125.34 and its 200 day moving average price is GBX 1,207.09.
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In other Anglo American plc news, insider Tony O’Neill sold 3,983 shares of the stock in a transaction dated Friday, March 10th. The stock was sold at an average price of GBX 1,156 ($14.92), for a total value of £46,043.48 ($59,433.95). Also, insider Philip R. Hampton purchased 727 shares of the company’s stock in a transaction dated Friday, March 24th. The shares were acquired at an average cost of GBX 1,264 ($16.32) per share, for a total transaction of £9,189.28 ($11,861.73). Insiders have bought 754 shares of company stock worth $950,206 in the last 90 days.
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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