Anglo American (LON:AAL – Get Rating) was downgraded by equities research analysts at Credit Suisse Group to a “neutral” rating in a research report issued on Monday, Marketbeat reports.
AAL has been the topic of a number of other reports. Barclays reaffirmed an “equal weight” rating and set a GBX 3,165 ($38.62) price objective on shares of Anglo American in a report on Thursday, November 17th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 3,000 ($36.61) price objective on shares of Anglo American in a report on Thursday, December 8th. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a report on Monday. JPMorgan Chase & Co. lifted their price objective on shares of Anglo American from GBX 3,850 ($46.98) to GBX 4,000 ($48.81) and gave the stock an “overweight” rating in a report on Monday, September 26th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Anglo American from GBX 3,400 ($41.49) to GBX 3,500 ($42.71) and gave the stock a “hold” rating in a report on Wednesday, November 23rd. Seven research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Anglo American has a consensus rating of “Hold” and a consensus price target of GBX 3,383.57 ($41.29).
Anglo American Stock Performance
LON AAL opened at GBX 3,546.50 ($43.28) on Monday. The company has a current ratio of 1.90, a quick ratio of 1.28 and a debt-to-equity ratio of 37.42. The company has a market cap of £47.44 billion and a P/E ratio of 761.05. The company has a fifty day simple moving average of GBX 3,266.67 and a 200 day simple moving average of GBX 2,951.39. Anglo American has a 12-month low of GBX 2,487.50 ($30.35) and a 12-month high of GBX 4,996.80 ($60.97).
Insider Transactions at Anglo American
In other Anglo American news, insider Stuart J. Chambers bought 509 shares of the stock in a transaction dated Tuesday, December 20th. The shares were bought at an average cost of GBX 3,109 ($37.94) per share, for a total transaction of £15,824.81 ($19,310.32).
About Anglo American
Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.