Anglo American (LON:AAL) PT Set at GBX 3,850 by JPMorgan Chase & Co.

JPMorgan Chase & Co. set a GBX 3,850 ($47.18) target price on Anglo American (LON:AALGet Rating) in a report published on Monday, Borsen Zeitung reports.

Several other equities research analysts also recently weighed in on the stock. Morgan Stanley reissued an equal weight rating on shares of Anglo American in a research report on Wednesday, May 11th. Barclays reissued an equal weight rating and issued a GBX 3,175 ($38.90) target price on shares of Anglo American in a research report on Friday, July 22nd. Berenberg Bank dropped their target price on shares of Anglo American from GBX 3,300 ($40.44) to GBX 3,200 ($39.21) and set a buy rating for the company in a research report on Friday, July 22nd. Royal Bank of Canada reissued a sector perform rating and issued a GBX 3,300 ($40.44) target price on shares of Anglo American in a research report on Tuesday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a hold rating and set a GBX 3,500 ($42.89) price objective on shares of Anglo American in a research report on Friday, July 22nd. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Hold and a consensus price target of GBX 3,443.13 ($42.19).

Anglo American Price Performance

AAL opened at GBX 2,821.50 ($34.57) on Monday. The company has a 50-day moving average of GBX 3,185.34 and a 200-day moving average of GBX 3,492.64. The company has a market capitalization of £37.74 billion and a P/E ratio of 496.93. Anglo American has a 1-year low of GBX 2,350 ($28.80) and a 1-year high of GBX 4,996.80 ($61.23). The company has a debt-to-equity ratio of 37.20, a quick ratio of 1.24 and a current ratio of 1.79.

Anglo American Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 23rd. Shareholders of record on Thursday, August 18th will be paid a dividend of $1.24 per share. This represents a yield of 3.71%. The ex-dividend date is Thursday, August 18th. Anglo American’s payout ratio is 42.36%.

Insider Buying and Selling at Anglo American

In other news, insider Stuart J. Chambers bought 498 shares of Anglo American stock in a transaction on Friday, June 24th. The stock was purchased at an average cost of GBX 3,035 ($37.19) per share, with a total value of £15,114.30 ($18,520.16).

About Anglo American

(Get Rating)

Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.

Read More

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.