A statement released earlier today by JP Morgan Cazenove about Anglo American PLC (LON:AAL) bumps the target price to 1,150.00GBX
- Updated: September 15, 2016
Anglo American PLC (LON:AAL) had its price target raised to 1,150GBX by JP Morgan Cazenove in a report issued Thursday September 15 2016. The increased target price indicates a possible upside of 0.43% based on the company’s last stock close price.
Previously on Wednesday September 7 2016, Macquarie reported about Anglo American PLC(LON:AAL) upped the target price at 570.00GBX that indicated a possible downside of -0.31%.
Yesterday Anglo American PLC (LON:AAL) traded 1.13% lower at 803.80GBX. The company’s 50-day moving average is 840.97GBX and its two hundred day average is 691.35GBX. The last stock close is up 14.92% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Volume of trade was was down over the average, with 48,146 shares of AAL changing hands under the typical 7,555,740 shares..
With a total market value of 0.0 GBX, Anglo American PLC has a P/E of 0 with a one-year low of 215.55GBX and a 52 week high of 910.00GBX.
A total of 24 brokerages have released a report on the stock. Two analysts rate the stock a strong buy, one firm rate the stock a buy, seven analyts rate the stock a hold, 11 analysts rate the company to underperform, and finally five analystsrate the company as sell with a one year target of 7.38GBX
More About Anglo American PLC (LON:AAL)
Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The Company’s segments include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It produces platinum group metals (PGMs), which provides approximately 40% of mined platinum and its operations are located in the Bushveld Complex in South Africa. It owns interests in De Beers, which is a diamond company and its diamond operations are located in approximately four countries, such as Botswana, Canada, Namibia and South Africa. It has interests in approximately two copper operations, which include the Los Bronces mine, which the Company manages and operates, and the Collahuasi mine. Its phosphates business is located in Goiss state. The Company’s coal portfolio has metallurgical coal assets in Australia, and thermal coal assets in South Africa, and Colombia and Australia.
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