Anglo American plc (LON:AAL) has earned an average recommendation of “Buy” from the fifteen research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,072.50 ($27.08).
AAL has been the topic of a number of research analyst reports. HSBC reiterated a “buy” rating on shares of Anglo American in a report on Wednesday, September 12th. Citigroup reissued a “buy” rating on shares of Anglo American in a research report on Wednesday, September 12th. Societe Generale raised Anglo American to a “buy” rating and raised their price objective for the company from GBX 1,750 ($22.87) to GBX 1,890 ($24.70) in a research report on Thursday, October 25th. Barclays cut their price objective on Anglo American from GBX 1,750 ($22.87) to GBX 1,725 ($22.54) and set an “equal weight” rating on the stock in a research report on Wednesday, July 18th. Finally, Deutsche Bank reissued a “hold” rating on shares of Anglo American in a research report on Friday, July 27th.
In other Anglo American news, insider Tony O’Neill bought 1,611 shares of the company’s stock in a transaction dated Friday, September 21st. The shares were acquired at an average cost of GBX 1,739 ($22.72) per share, with a total value of £28,015.29 ($36,606.94).
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.
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