In a report released today, Ian Rossouw CFA from Barclays reiterated a Hold rating on Anglo American (AAUKF – Research Report), with a price target of p3,165.00. The company’s shares closed yesterday at $38.58.
According to TipRanks, Rossouw CFA is ranked #4283 out of 8014 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglo American with a $44.35 average price target, which is a 14.96% upside from current levels. In a report released on November 2, Morgan Stanley also maintained a Hold rating on the stock with a p3,160.00 price target.
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AAUKF market cap is currently $51.53B and has a P/E ratio of 6.69.
Based on the recent corporate insider activity of 40 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.