Anglo American (LON:AAL)‘s stock had its “equal weight” rating restated by stock analysts at Barclays in a research note issued on Thursday, Digital Look reports. They presently have a GBX 2,000 ($26.13) target price on the mining company’s stock. Barclays‘s price objective indicates a potential downside of 1.35% from the stock’s previous close.
A number of other brokerages also recently commented on AAL. Deutsche Bank reissued a “buy” rating on shares of Anglo American in a research note on Tuesday, November 5th. Bank of America reaffirmed a “buy” rating on shares of Anglo American in a research note on Tuesday, October 8th. Liberum Capital downgraded shares of Anglo American to a “sell” rating in a research note on Friday, September 20th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Anglo American in a research note on Thursday, October 17th. Finally, DZ Bank lifted their price target on shares of Anglo American from GBX 1,580 ($20.65) to GBX 1,600 ($20.91) and gave the stock a “sell” rating in a research note on Wednesday, October 30th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 2,110.33 ($27.58).
Shares of AAL stock opened at GBX 2,027.38 ($26.49) on Thursday. The company’s fifty day simple moving average is GBX 1,947.82 and its 200-day simple moving average is GBX 1,968.54. Anglo American has a 52 week low of GBX 1,529.80 ($19.99) and a 52 week high of GBX 2,294 ($29.98). The company has a current ratio of 2.30, a quick ratio of 1.55 and a debt-to-equity ratio of 33.15. The company has a market cap of $27.89 billion and a PE ratio of 6.34.
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.
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