Anglo American’s (AAL) “Sell” Rating Reiterated at UBS Group

UBS Group reaffirmed their sell rating on shares of Anglo American (LON:AAL) in a report issued on Friday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also weighed in on AAL. Barclays reiterated an underweight rating on shares of in a research note on Thursday, July 4th. Credit Suisse Group set a €19.00 ($22.09) price objective on shares of K&S and gave the company a neutral rating in a research note on Tuesday, May 14th. Societe Generale upgraded shares of Anglo American to a buy rating in a research note on Thursday, May 23rd. Goldman Sachs Group upgraded shares of Martin Marietta Materials from a neutral rating to a buy rating and lifted their price objective for the company from $207.00 to $232.00 in a research note on Thursday, April 11th. Finally, BNP Paribas upgraded shares of Antofagasta from a neutral rating to an outperform rating in a research note on Thursday, March 21st. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of GBX 2,172.67 ($28.39).

LON:AAL opened at GBX 2,234 ($29.19) on Friday. The company has a fifty day moving average of GBX 2,116.45. The company has a market cap of $31.39 billion and a price-to-earnings ratio of 8.15. The company has a quick ratio of 1.25, a current ratio of 1.95 and a debt-to-equity ratio of 30.44. Anglo American has a twelve month low of GBX 1,433.80 ($18.74) and a twelve month high of GBX 2,294 ($29.98).

In other Anglo American news, insider Stuart J. Chambers purchased 4,650 shares of the firm’s stock in a transaction on Thursday, June 20th. The stock was acquired at an average price of GBX 2,157 ($28.19) per share, for a total transaction of £100,300.50 ($131,060.37). Insiders have acquired a total of 4,665 shares of company stock valued at $10,060,464 in the last 90 days.

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 iron; and nickel and manganese ores, as well as alloys.

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Analyst Recommendations for Anglo American (LON:AAL)

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