Anglo American’s (AAL) Neutral Rating Reiterated at Credit Suisse Group

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Credit Suisse Group reissued their neutral rating on shares of Anglo American (LON:AAL) in a research report sent to investors on Friday.

A number of other brokerages have also weighed in on AAL. UBS Group reaffirmed a neutral rating on shares of Anglo American in a research report on Monday, February 4th. HSBC decreased their target price on Anglo American from GBX 2,120 ($27.70) to GBX 2,100 ($27.44) and set a buy rating for the company in a research report on Monday, February 4th. Redburn Partners lowered Anglo American to a sell rating in a research report on Thursday. Deutsche Bank lifted their target price on Anglo American from GBX 1,700 ($22.21) to GBX 1,800 ($23.52) and gave the company a hold rating in a research report on Thursday, January 31st. Finally, JPMorgan Chase & Co. lifted their target price on Anglo American from GBX 2,210 ($28.88) to GBX 2,270 ($29.66) and gave the company an overweight rating in a research report on Thursday, January 31st. Three analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Anglo American has a consensus rating of Hold and an average target price of GBX 1,864.33 ($24.36).

Shares of LON AAL opened at GBX 1,934.80 ($25.28) on Friday. Anglo American has a twelve month low of GBX 950.10 ($12.41) and a twelve month high of GBX 1,870 ($24.43).

In related news, insider Stuart J. Chambers purchased 547 shares of the business’s stock in a transaction dated Wednesday, December 19th. The shares were acquired at an average cost of GBX 1,731 ($22.62) per share, for a total transaction of £9,468.57 ($12,372.36).

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

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