HSBC reiterated their hold rating on shares of Anglo American plc (LON:AAL) in a research note published on Friday morning. HSBC currently has a GBX 1,100 ($13.65) target price on the mining company’s stock.

A number of other equities research analysts have also recently issued reports on AAL. Royal Bank Of Canada restated a sector performer rating and set a GBX 800 ($9.92) price objective on shares of Anglo American plc in a report on Thursday, July 28th. Canaccord Genuity restated a sell rating and set a GBX 620 ($7.69) price objective on shares of Anglo American plc in a report on Thursday, July 28th. BNP Paribas restated an underperform rating and set a GBX 730 ($9.06) price objective on shares of Anglo American plc in a report on Wednesday, August 3rd. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,050 ($13.03) price objective on shares of Anglo American plc in a report on Wednesday, August 3rd. Finally, Jefferies Group restated an underperform rating and set a GBX 750 ($9.30) price objective on shares of Anglo American plc in a report on Thursday, August 4th. Eight equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of GBX 869.62 ($10.79).

Analyst Recommendations for Anglo American plc (LON:AAL)

Anglo American plc (LON:AAL) opened at 1165.50 on Friday. The company’s market capitalization is GBX 15.03 billion. Anglo American plc has a 12 month low of GBX 215.55 and a 12 month high of GBX 1,270.50. The firm has a 50-day moving average price of GBX 1,112.89 and a 200-day moving average price of GBX 861.44.

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In other Anglo American plc news, insider Mphu Ramatlapeng acquired 290 shares of Anglo American plc stock in a transaction that occurred on Wednesday, September 28th. The shares were bought at an average price of GBX 937 ($11.62) per share, with a total value of £2,717.30 ($3,370.92).

Anglo American plc Company Profile

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.

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