Anglo American PLC (LON:AAL) target price raised to 570.00GBX, reported today by Macquarie
- Updated: September 18, 2016
Reporting a possible downside of -0.31%, Macquarie raised the estimated target of Anglo American PLC (LON:AAL) to 570GBX.
On 8/3/2016, Exane BNP Paribas reported on Anglo American PLC(LON:AAL) bumped the target price from 0.00GBX to 730.00GBX. At the time, this suggested a downside of -0.11%.
Just yesterday Anglo American PLC (LON:AAL) traded 0.36% higher at 826.85GBX. The company’s 50-day moving average is 842.65GBX and its two hundred day average is 694.20GBX. With the last stock close up 17.32% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same period. Trading volume was was up over the average, with 7,902,399 shares of AAL changing hands over the typical 7,449,800 shares..
See Chart Below:
Anglo American PLC has a one-year low of 215.55GBX and a one-year high of 910.00GBX and has a market cap of 0.0 GBX.
Also covering Anglo American PLC’s price target, a total of 24 brokers have released a ratings update on AAL. The consensus target stock price is 7.38GBX with two firms rating the company a strong buy, one firm rating the company a buy, seven analyts rating the stock a hold, 11 analysts rating the stock to underperform, and lastly five brokeragesrating the company as sell.
Brief Synopsis 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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