Anglo American (LON:AAL) Earns Hold Rating from Berenberg Bank

Anglo American (LON:AALGet Free Report)‘s stock had its “hold” rating restated by equities researchers at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 4,200 price target on the mining company’s stock. Berenberg Bank’s price target points to a potential upside of 4.22% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,000 target price on shares of Anglo American in a report on Tuesday, June 9th. JPMorgan Chase & Co. raised their target price on Anglo American from GBX 2,780 to GBX 3,160 and gave the company an “underweight” rating in a report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Anglo American presently has an average rating of “Hold” and a consensus target price of GBX 3,657.50.

View Our Latest Stock Analysis on AAL

Anglo American Trading Down 2.4%

Shares of LON:AAL opened at GBX 4,030 on Thursday. The business’s 50 day simple moving average is GBX 3,785.84 and its 200 day simple moving average is GBX 3,431.26. The company has a market capitalization of £43.18 billion, a P/E ratio of -12.21, a P/E/G ratio of 2.05 and a beta of 0.98. Anglo American has a 1 year low of GBX 1,987.20 and a 1 year high of GBX 4,239. The company has a debt-to-equity ratio of 86.09, a current ratio of 1.98 and a quick ratio of 1.28.

Anglo American Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Anglo American (LON:AAL)

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.