Anglo American plc (LON:AAL) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Consensus Rating: Anglo American plc has received a consensus recommendation of "Hold" from five analysts, with four maintaining a hold rating and one giving a buy recommendation.
• Analyst Target Prices: Recent target price changes include a reduction by Royal Bank of Canada to GBX 1,900, while Deutsche Bank has a target price of GBX 2,600, indicating differing outlooks from analysts on the stock's future value.
• Stock Performance: As of Thursday, Anglo American's stock was trading at GBX 2,688, with a market cap of £28.73 billion and significant fluctuations over the past year, showing a 12-month low of GBX 1,900.01 and a high of GBX 2,999.77.

Anglo American plc (LON:AAL - Get Free Report) has received a consensus recommendation of "Hold" from the five analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 2,216.

A number of research analysts have recently issued reports on AAL shares. Royal Bank Of Canada dropped their target price on Anglo American from GBX 2,000 to GBX 1,900 and set a "sector perform" rating on the stock in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 2,600 target price on shares of Anglo American in a report on Monday, July 28th. Citigroup boosted their target price on Anglo American from GBX 2,200 to GBX 2,300 and gave the company a "neutral" rating in a report on Monday, July 28th. Berenberg Bank raised Anglo American to a "hold" rating and upped their price objective for the stock from GBX 1,900 to GBX 2,300 in a report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a GBX 1,980 price objective on shares of Anglo American in a report on Wednesday, August 20th.

Anglo American Trading Up 0.6%

LON:AAL opened at GBX 2,688 on Thursday. The firm has a market cap of £28.73 billion, a P/E ratio of -688.77, a PEG ratio of 2.05 and a beta of 1.10. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 78.84. The stock's 50 day simple moving average is GBX 2,289.31 and its 200-day simple moving average is GBX 2,191.85. Anglo American has a 12-month low of GBX 1,900.01 and a 12-month high of GBX 2,999.77.

About Anglo American

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends. Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.

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