Credit Suisse Group reaffirmed their neutral rating on shares of Anglo American plc (LON:AAL) in a research note released on Wednesday, Marketbeat reports. Credit Suisse Group currently has a GBX 1,550 ($20.39) target price on the mining company’s stock.
A number of other research analysts also recently issued reports on the company. J P Morgan Chase & Co restated an overweight rating and set a GBX 1,640 ($21.57) price target on shares of Anglo American plc in a research note on Wednesday. Societe Generale raised their price target on Anglo American plc from GBX 1,550 ($20.39) to GBX 1,650 ($21.70) and gave the stock a buy rating in a research note on Thursday, November 9th. Macquarie reaffirmed a neutral rating on shares of Anglo American plc in a research report on Monday, November 6th. Deutsche Bank AG reaffirmed a sell rating and set a GBX 1,300 ($17.10) price objective on shares of Anglo American plc in a research report on Wednesday, October 25th. Finally, Barclays PLC increased their price objective on Anglo American plc from GBX 1,220 ($16.05) to GBX 1,270 ($16.70) and gave the stock an equal weight rating in a research report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of GBX 1,390.29 ($18.29).
Anglo American plc (LON:AAL) opened at GBX 1,434 ($18.86) on Wednesday. Anglo American plc has a 12 month low of GBX 950.10 ($12.50) and a 12 month high of GBX 1,534.50 ($20.18).
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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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