3 days Ago By ABMN Staff
Anglo American plc ( LON:AAL – Get Free Report ) has received an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and seven have given a buy rating to the company.
The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,715 ($34.42). AAL has been the subject of several recent analyst reports.
Berenberg Bank reiterated a “sell” rating and issued a GBX 2,100 ($26.62) price objective on shares of Anglo American in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut their target price on Anglo American from GBX 2,900 ($36.
76) to GBX 2,700 ($34.22) and set a “buy” rating for the company in a research report on Monday, September 9th. Get Our Latest Stock Analysis on Anglo American Anglo American Stock Performance Insider Activity In related news, insider Marcelo Bastos acquired 1,200 shares of the business’s stock in a transaction on Tuesday, September 24th.
The shares were purchased at an average price of GBX 2,131 ($27.01) per share, for a total transaction of £25,572 ($32,414.75).
In the last 90 days, insiders purchased 1,214 shares of company stock worth $2,587,104. Insiders own 9.78% of the company’s stock.
Anglo American Company Profile ( Get Free Report Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.
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