In a report issued on July 17, Myles Allsop from UBS reiterated a Hold rating on Anglo American (AAUKF). The company’s shares closed last Monday at $25.99.
According to TipRanks.com, Allsop is ranked #3834 out of 6821 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglo American with a $29.04 average price target, implying a 15.0% upside from current levels. In a report issued on July 15, Goldman Sachs also initiated coverage with a Hold rating on the stock with a p1900.00 price target.
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The company has a one-year high of $29.51 and a one-year low of $12.56. Currently, Anglo American has an average volume of 1,590.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AAUKF in relation to earlier this year.
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Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: Iron Ore, Manganese, and Corporate and Other. Its portfolio of mining businesses includes span bulk commodities, including iron ore and manganese, metallurgical coal and thermal coal, base metals and minerals, copper, nickel, niobium and phosphates, and precious metals and minerals. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.