Shares of Anglo American plc (LON:AAL) were down 0% during mid-day trading on Tuesday . The company traded as low as GBX 1,441.50 ($19.40) and last traded at GBX 1,465 ($19.72). Approximately 10,764,756 shares traded hands during trading, an increase of 92% from the average daily volume of 5,610,000 shares. The stock had previously closed at GBX 1,465 ($19.72).
A number of analysts recently issued reports on AAL shares. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 1,600 ($21.53) target price on shares of Anglo American in a research note on Friday, August 25th. Macquarie reissued a “neutral” rating and set a GBX 1,250 ($16.82) target price on shares of Anglo American in a research note on Wednesday, August 30th. Liberum Capital reissued a “sell” rating and set a GBX 750 ($10.09) target price on shares of Anglo American in a research note on Wednesday, August 30th. Jefferies Group upped their price target on Anglo American from GBX 1,250 ($16.82) to GBX 1,500 ($20.19) and gave the stock a “hold” rating in a research report on Thursday, August 31st. Finally, reaffirmed a “hold” rating and set a GBX 1,410 ($18.98) price target on shares of Anglo American in a research report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,413.82 ($19.03).
In related news, insider Philip R. Hampton acquired 725 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was bought at an average price of GBX 1,289 ($17.35) per share, with a total value of £9,345.25 ($12,577.73). In the last three months, insiders bought 756 shares of company stock valued at $979,838.
WARNING: This piece was first reported by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://sportsperspectives.com/2017/12/19/anglo-american-aal-shares-down-0.html.
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.
Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.