Anglo American (AAL) Sets New 52-Week High at $1,545.00

Anglo American plc (LON:AAL) hit a new 52-week high on Wednesday . The stock traded as high as GBX 1,545 ($20.66) and last traded at GBX 1,501 ($20.07), with a volume of 0 shares traded. The stock had previously closed at GBX 1,501 ($20.07).

Several equities research analysts have weighed in on the company. Royal Bank of Canada reissued an “outperform” rating and set a GBX 1,950 ($26.07) price objective on shares of Anglo American in a research note on Thursday, December 21st. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,640 ($21.93) price objective on shares of Anglo American in a research note on Wednesday, December 13th. Deutsche Bank raised Anglo American to a “hold” rating and boosted their price objective for the stock from GBX 1,300 ($17.38) to GBX 1,400 ($18.72) in a research note on Friday, December 1st. Liberum Capital boosted their price objective on Anglo American from GBX 750 ($10.03) to GBX 800 ($10.70) and gave the stock a “sell” rating in a research note on Monday, November 27th. Finally, Credit Suisse Group reissued a “neutral” rating and set a GBX 1,550 ($20.72) price objective on shares of Anglo American in a research note on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,413.82 ($18.90).

The company has a market cap of $21,560.00 and a PE ratio of 705.28.

In other Anglo American news, insider Philip R. Hampton bought 666 shares of the company’s stock in a transaction on Wednesday, December 20th. The stock was acquired at an average price of GBX 1,478 ($19.76) per share, for a total transaction of £9,843.48 ($13,161.49). Insiders have acquired 697 shares of company stock valued at $1,029,661 in the last 90 days.

TRADEMARK VIOLATION WARNING: “Anglo American (AAL) Sets New 52-Week High at $1,545.00” was reported by Week Herald and is owned by of Week Herald. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at https://weekherald.com/2017/12/29/anglo-american-aal-sets-new-52-week-high-at-1545-00.html.

About Anglo American

Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.

Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply