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Canaccord Genuity issued a report on Anglo American PLC (LON:AAL), boosting its stock price target to 1,080.00GBX today

In a report released on 9/29/2016 Canaccord Genuity increased the stock price target of Anglo American PLC (LON:AAL) from 980.00GBX to 1,080.00GBX reporting a possible upside of 0.12%.

Previously on Monday September 26, 2016, JP Morgan Cazenove released a statement about Anglo American PLC (LON:AAL) held steady the target price at 1,150.00GBX. At the time, this indicated a possible upside of 0.32%.

Just yesterday Anglo American PLC (LON:AAL) traded -1.28% lower at 965.25GBX. Anglo American PLC’s 50-day moving average is 860.81GBX and its 200-day moving average is 720.11GBX. The last stock price is up 34.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 9,412,089 shares of AAL traded hands, up from an average trading volume of 7,359,760

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Anglo American PLC (LON:AAL)

Anglo American PLC has a 52 week low of 215.55GBX and a 52 week high of 981.28GBX The company’s market cap is currently 0 GBX.

In addition to Canaccord Genuity reporting its target price, a total of 24 firms have reported on the stock. The consensus target price is 7.38GBX with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 7 firms rating the stock a hold, 11 firms rating the stock a underperform, and finally 5 firms rating the stock a sell.

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, Colombia and Australia.

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