Anglo American (AAL) Price Target Increased to GBX 2,290 by Analysts at JPMorgan Chase & Co.

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Anglo American (LON:AAL) had its target price upped by analysts at JPMorgan Chase & Co. from GBX 2,270 ($29.66) to GBX 2,290 ($29.92) in a report issued on Friday. The brokerage presently has an “overweight” rating on the mining company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 15.09% from the company’s current price.

A number of other research firms have also issued reports on AAL. Deutsche Bank restated a “hold” rating on shares of Anglo American in a research report on Wednesday, December 12th. UBS Group reiterated a “neutral” rating on shares of Anglo American in a research report on Thursday, November 29th. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 1,850 ($24.17) price target on shares of Anglo American in a research report on Tuesday, December 11th. Societe Generale lowered Anglo American to a “hold” rating in a research report on Wednesday, January 16th. Finally, Redburn Partners lowered Anglo American to a “sell” rating in a research report on Thursday, February 7th. Three analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,879 ($24.55).

LON:AAL opened at GBX 1,989.80 ($26.00) on Friday. Anglo American has a 12-month low of GBX 950.10 ($12.41) and a 12-month high of GBX 1,870 ($24.43).

In other news, insider Stuart J. Chambers acquired 547 shares of the business’s stock in a transaction dated Wednesday, December 19th. The stock was acquired at an average price of GBX 1,731 ($22.62) per share, for a total transaction of £9,468.57 ($12,372.36).

About Anglo American

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and nickel; and iron and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (LON:AAL)

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