Macquarie reissued their neutral rating on shares of Anglo American plc (LON:AAL) in a research note published on Thursday morning. Macquarie currently has a GBX 1,250 ($16.14) price objective on the mining company’s stock.
A number of other research analysts also recently commented on the company. Deutsche Bank AG reaffirmed a hold rating on shares of Anglo American plc in a report on Friday. HSBC Holdings plc reaffirmed a hold rating and set a GBX 1,410 ($18.21) target price on shares of Anglo American plc in a report on Tuesday, September 5th. J P Morgan Chase & Co increased their target price on Anglo American plc from GBX 1,600 ($20.66) to GBX 1,670 ($21.57) and gave the stock an overweight rating in a report on Tuesday, September 5th. Jefferies Group LLC increased their target price on Anglo American plc from GBX 1,250 ($16.14) to GBX 1,500 ($19.37) and gave the stock a hold rating in a report on Thursday, August 31st. Finally, Liberum Capital reaffirmed a sell rating and set a GBX 750 ($9.69) target price on shares of Anglo American plc in a report on Wednesday, August 30th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of GBX 1,312.81 ($16.95).
Shares of Anglo American plc (AAL) opened at 1290.50 on Thursday. Anglo American plc has a 12 month low of GBX 801.70 and a 12 month high of GBX 1,529.01. The stock’s 50 day moving average price is GBX 1,318.05 and its 200 day moving average price is GBX 1,170.39. The firm’s market cap is GBX 16.69 billion.
The company also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 10th will be given a dividend of $0.48 per share. This represents a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, August 10th.
In other news, insider Mphu Ramatlapeng purchased 283 shares of the stock in a transaction dated Monday, June 26th. The shares were bought at an average cost of GBX 982 ($12.68) per share, for a total transaction of £2,779.06 ($3,589.13). Over the last quarter, insiders have bought 309 shares of company stock worth $308,252.
Anglo American plc 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.
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