Shares of Anglo American plc (LON:AAL) have been given a consensus rating of “Buy” by the seventeen research firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, eight have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,310 ($30.18).
Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of from GBX 2,300 ($30.05) to GBX 2,900 ($37.89) and gave the company a “neutral” rating in a research note on Friday, July 5th. UBS Group raised their target price on shares of Crowdstrike from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday. They noted that the move was a valuation call. Citigroup set a $6.00 price objective on shares of Solid Biosciences and gave the stock a “hold” rating in a research note on Thursday, May 16th. Societe Generale raised shares of Anglo American to a “buy” rating in a research note on Thursday, May 23rd. Finally, Liberum Capital reissued a “buy” rating and set a GBX 810 ($10.58) price objective on shares of in a research note on Wednesday, July 3rd.
In related news, insider Stuart J. Chambers purchased 4,650 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were purchased at an average price of GBX 2,157 ($28.19) per share, with a total value of £100,300.50 ($131,060.37). In the last ninety days, insiders acquired 4,665 shares of company stock worth $10,060,464.
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 iron; and nickel and manganese ores, as well as alloys.
Further Reading: Capital Gains
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