Jefferies International disclosed Anglo American PLC (LON:AAL), stepping up its target to 850.00GBX earlier today
- Updated: October 14, 2016
Only yesterday Anglo American PLC (LON:AAL) traded 1.55% higher at 1,010.50GBX. The company’s 50-day moving average is 899.74GBX and its 200-day moving average is 753.15GBX. The last stock price is up 33.57% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 4,219,722 shares of the stock were exchanged, down from an average trading volume of 7,248,780
Jefferies International raised the target price of Anglo American PLC (LON:AAL) to 850.00GBX reporting a possible downside of -0.16%.
Previously on 10/13/2016, Liberum Capital reported on Anglo American PLC (LON:AAL) increased the target price from 440.00GBX to 460.00GBX. At the time, this indicated a possible downside of -0.54%.
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Anglo American PLC has a 52 week low of 215.55GBX and a 52 week high of 1,063.50GBX The company’s market cap is currently 0 GBX.
In addition to Jefferies International 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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