Can Anglo American plc’s Tomorrow Be Different? The Stock Increases Again

 Can Anglo American plc's Tomorrow Be Different? The Stock Increases Again

The stock of Anglo American plc (LON:AAL) is a huge mover today! The stock increased 2.26% or GBX 25.4 on November 8, hitting GBX 1147.9. About 6.60 million shares traded hands. Anglo American plc (LON:AAL) has risen 105.14% since April 8, 2016 and is uptrending. It has outperformed by 103.18% the S&P500.
The move comes after 9 months positive chart setup for the GBX 16.02B company. It was reported on Nov, 8 by Barchart.com. We have GBX 1652.98 PT which if reached, will make LON:AAL worth GBX 7.05 billion more.

Anglo American plc (LON:AAL) Ratings Coverage

Out of 27 analysts covering Anglo American PLC (LON:AAL), 7 rate it a “Buy”, 11 “Sell”, while 9 “Hold”. This means 26% are positive. Anglo American PLC has been the topic of 320 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by Credit Suisse given on Friday, January 29. The firm has “Underperform” rating given on Monday, October 31 by Jefferies. The stock has “Underperform” rating given by Macquarie Research on Thursday, July 21. Nomura maintained Anglo American plc (LON:AAL) on Wednesday, March 9 with “Reduce” rating. Barclays Capital maintained the stock with “Underweight” rating in Wednesday, September 7 report. The rating was maintained by Credit Suisse with “Neutral” on Monday, September 19. On Thursday, March 31 the stock rating was maintained by Credit Suisse with “Neutral”. The firm earned “Sell” rating on Tuesday, February 16 by Liberum Capital. The firm has “Underperform” rating by Jefferies given on Wednesday, March 30. The stock of Anglo American plc (LON:AAL) earned “Underweight” rating by JP Morgan on Monday, January 18.

More news for Anglo American plc (LON:AAL) were recently published by: Bloomberg.com, which released: “Anglo Hastens Retreat From Coal, Iron Ore as Losses Double” on February 16, 2016. Bloomberg.com‘s article titled: “Anglo Said to Rebuff India Billionaire Agarwal’s Merger Plan” and published on July 28, 2016 is yet another important article.

Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The company has a market cap of 16.02 billion GBP. The Company’s divisions include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It currently has negative earnings. It produces platinum group metals , which provides approximately 40% of mined platinum and its activities are located in the Bushveld Complex in South Africa.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment