Anglo American plc (AAL) Given Neutral Rating at Credit Suisse
Anglo American plc (LON:AAL)‘s stock had its “neutral” rating reissued by research analysts at Credit Suisse in a research report issued on Friday, Market Beat.com reports. They presently have a GBX 320 ($4.56) price objective on the mining company’s stock. Credit Suisse’s price objective indicates a potential upside of 15.98% from the stock’s previous close.
AAL has been the topic of a number of other research reports. Deutsche Bank cut shares of Anglo American plc to a “hold” rating and cut their price objective for the stock from GBX 1,070 ($15.24) to GBX 300 ($4.27) in a report on Wednesday, December 16th. Jefferies Group downgraded shares of Anglo American plc to an “underperform” rating and dropped their target price for the stock from GBX 635 ($9.05) to GBX 275 ($3.92) in a research note on Wednesday, December 9th. Morgan Stanley reiterated an “equalwt/attractive” rating and issued a GBX 640 ($9.12) target price on shares of Anglo American plc in a research note on Friday, November 6th. Investec dropped their target price on shares of Anglo American plc from GBX 558 ($7.95) to GBX 402 ($5.73) and set a “hold” rating on the stock in a research note on Tuesday, November 17th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a GBX 1,010 ($14.39) target price on shares of Anglo American plc in a research note on Tuesday, December 22nd. Twelve analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 488.31 ($6.96).
In other Anglo American plc news, insider Dlamini,Nobuhle Judith (Judy) acquired 2,653 shares of the company’s stock in a transaction on Wednesday, January 6th. The stock was acquired at an average cost of GBX 260 ($3.70) per share, with a total value of £6,897.80 ($9,827.33).
Anglo American plc (LON:AAL) opened at 275.90 on Friday. The stock’s market capitalization is GBX 3.55 billion. The company has a 50-day moving average of GBX 266.34 and a 200-day moving average of GBX 553.31. Anglo American plc has a 1-year low of GBX 215.55 and a 1-year high of GBX 1,277.59.
Anglo American PLC (LON:AAL) is a mining company. The Company’s segments include Iron Ore and Manganese, which includes iron ore, manganese ore and alloys; Coal, which includes metallurgical coal and thermal coal; Copper, which includes copper; Nickel, which includes nickel; Niobium, which includes niobium; Phosphates, which includes phosphates; Platinum, which includes platinum group metals, and De Beers, which includes rough and polished diamonds. Its portfolio offers bulk commodities and base metals to precious metals and diamonds (through De Beers). Its bulk commodities include iron ore, manganese, metallurgical coal and thermal coal. The Company’s base metals and minerals include copper, nickel, niobium and phosphates. In precious metals and minerals, the Company produces both platinum and diamonds. Its mining operations, projects and exploration and marketing activities extend across southern Africa, South America, Australia, North America, Asia and Europe.
Receive News & Ratings for Anglo American plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American plc and related companies with MarketBeat.com's FREE daily email newsletter.






