Anglo American’s (LON:AAL) Buy Rating Reaffirmed at Deutsche Bank

Deutsche Bank reaffirmed their buy rating on shares of Anglo American (LON:AAL) in a research report released on Wednesday, June 26th, ThisIsMoney.Co.Uk reports.

AAL has been the subject of a number of other reports. Barclays set a €18.70 ($21.74) price target on Deutsche Lufthansa and gave the company a sell rating in a research note on Monday, June 17th. UBS Group lowered CR AGRICOLE S A/ADR from a buy rating to a neutral rating in a report on Monday, May 20th. Citigroup set a $6.00 price objective on Solid Biosciences and gave the company a hold rating in a report on Thursday, May 16th. Goldman Sachs Group raised Martin Marietta Materials from a neutral rating to a buy rating and increased their price objective for the company from $207.00 to $232.00 in a report on Thursday, April 11th. Finally, Societe Generale raised Anglo American to a buy rating in a report on Thursday, May 23rd. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 2,166 ($28.30).

Shares of LON AAL traded down GBX 18.50 ($0.24) during mid-day trading on Wednesday, reaching GBX 2,184.50 ($28.54). 2,694,063 shares of the company were exchanged, compared to its average volume of 6,120,000. The business has a 50-day simple moving average of GBX 2,104.90. The company has a current ratio of 1.95, a quick ratio of 1.25 and a debt-to-equity ratio of 30.44. Anglo American has a 1 year low of GBX 1,433.80 ($18.74) and a 1 year high of GBX 2,294 ($29.98). The firm has a market capitalization of $30.69 billion and a PE ratio of 7.97.

In other Anglo American news, insider Stuart J. Chambers bought 4,650 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was bought 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 three months, insiders have acquired 4,665 shares of company stock valued at $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.

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Analyst Recommendations for Anglo American (LON:AAL)

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