Anglo American (AAL) Lowered to “Sell” at Redburn Partners

Anglo American (LON:AAL) was downgraded by stock analysts at Redburn Partners to a “sell” rating in a research note issued on Thursday, February 7th.

Other equities analysts also recently issued reports about the company. HSBC reaffirmed a “buy” rating and set a GBX 2,100 ($27.44) price target (up from GBX 1,970 ($25.74)) on shares of Anglo American in a research report on Wednesday, October 31st. Societe Generale raised Anglo American to a “buy” rating and upped their price target for the stock from GBX 1,750 ($22.87) to GBX 1,890 ($24.70) in a research report on Thursday, October 25th. Citigroup reaffirmed a “buy” rating and set a GBX 2,000 ($26.13) price target on shares of Anglo American in a research report on Monday, December 10th. Goldman Sachs Group reduced their price target on Anglo American from GBX 2,250 ($29.40) to GBX 2,200 ($28.75) and set a “conviction-buy” rating on the stock in a research report on Friday, January 18th. Finally, Barclays upped their target price on Anglo American from GBX 1,725 ($22.54) to GBX 1,850 ($24.17) and gave the company an “equal weight” rating in a research report on Friday, October 12th. Three analysts have rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Anglo American currently has a consensus rating of “Hold” and a consensus target price of GBX 1,864.33 ($24.36).

Anglo American stock opened at GBX 1,930 ($25.22) on Thursday. Anglo American has a twelve month low of GBX 950.10 ($12.41) and a twelve month high of GBX 1,870 ($24.43).

In other news, insider Stuart J. Chambers bought 547 shares of the stock in a transaction dated Wednesday, December 19th. The shares were acquired at an average cost of GBX 1,731 ($22.62) per share, with a total value of £9,468.57 ($12,372.36).

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 nickel; and iron and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (LON:AAL)

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