Anglo American (LON:AAL – Free Report) had its price target reduced by JPMorgan Chase & Co. from GBX 2,735 ($34.59) to GBX 2,590 ($32.76) in a report published on Wednesday morning, MarketBeat.com reports. JPMorgan Chase & Co. currently has an overweight rating on the mining company’s stock.
Several other brokerages also recently issued reports on AAL. Royal Bank of Canada raised their price target on Anglo American from GBX 2,300 ($29.09) to GBX 3,100 ($39.21) and gave the company an outperform rating in a report on Monday, May 13th. Citigroup reissued a buy rating and set a GBX 3,000 ($37.95) target price on shares of Anglo American in a report on Friday, May 31st. Berenberg Bank cut shares of Anglo American to a sell rating and cut their price target for the company from GBX 3,000 ($37.95) to GBX 2,000 ($25.30) in a research report on Wednesday, June 26th. Finally, Bank of America restated a buy rating and issued a GBX 3,100 ($39.21) price target on shares of Anglo American in a report on Wednesday, June 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Anglo American has a consensus rating of Moderate Buy and a consensus price target of GBX 2,752.50 ($34.82).
Get Our Latest Analysis on AAL
Anglo American Trading Up 0.4 %
Insider Buying and Selling
In related news, insider Stuart J. Chambers acquired 694 shares of the stock in a transaction on Friday, June 21st. The shares were acquired at an average price of GBX 2,464 ($31.17) per share, with a total value of £17,100.16 ($21,629.34). In other Anglo American news, insider Stuart J. Chambers purchased 694 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were bought at an average cost of GBX 2,464 ($31.17) per share, for a total transaction of £17,100.16 ($21,629.34). Also, insider John Heasley sold 12,085 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,224 ($28.13), for a total value of £268,770.40 ($339,957.50). Over the last ninety days, insiders have bought 704 shares of company stock worth $1,735,051. 9.94% of the stock is owned by insiders.
About Anglo American
Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.
Featured Articles
- Five stocks we like better than Anglo American
- Best Aerospace Stocks Investing
- Constellation Brands Stock Q1 2025: Crushing Anheuser-Busch?
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Qualcomm Stock Continues to Rise in the Face of Negative News
- CD Calculator: Certificate of Deposit Calculator
- Top 3 Summer Stocks with Solid Growth Opportunities
Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.