JP Morgan Cazenove Reconfirms Its “Overweight” Rating on Anglo American PLC (LON:AAL) Shares Today

April 26, 2018 - By Stephen Andrade

Anglo American plc (LON:AAL) Logo

Investors sentiment increased to 0.74 in Q4 2017. Its up 0.08, from 0.66 in 2017Q3. It increased, as 57 investors sold Anglo American plc shares while 193 reduced holdings. 66 funds opened positions while 118 raised stakes. 371.06 million shares or 2.48% less from 380.49 million shares in 2017Q3 were reported.

E&G Advsr Lp accumulated 31,860 shares. Inv House Ltd Limited Liability Company invested 0.09% of its portfolio in Anglo American plc (LON:AAL). Goodhaven Cap Limited stated it has 143,300 shares or 3.66% of all its holdings. Moreover, Atika Cap Ltd Liability has 1.59% invested in Anglo American plc (LON:AAL). Moreover, Jpmorgan Chase has 0.01% invested in Anglo American plc (LON:AAL) for 603,242 shares. Hudock Cap Gru Ltd Liability Co has invested 0.04% in Anglo American plc (LON:AAL). Captrust Finance Advsrs invested in 190 shares or 0% of the stock. 368,920 were accumulated by Chevy Chase Inc. Masters Cap Ltd accumulated 1.00 million shares or 1.24% of the stock. Bbt Cap Mgmt holds 0.52% or 50,528 shares. Rhumbline Advisers invested in 749,247 shares or 0.08% of the stock. Menta Capital Ltd accumulated 4,400 shares. Qs Investors Limited Company accumulated 5,625 shares. Dreman Value Mgmt L L C holds 0.03% of its portfolio in Anglo American plc (LON:AAL) for 944 shares. Johnson, a Wisconsin-based fund reported 2,448 shares.

Since January 29, 2018, it had 0 insider buys, and 3 insider sales for $4.08 million activity. $2.09M worth of Anglo American plc (LON:AAL) was sold by KERR DEREK J on Monday, January 29. The insider KRAEMER RICHARD C sold $158,139.

Anglo American PLC (LON:AAL) Rating Reaffirmed

In an analyst note published by JP Morgan Cazenove on 25 April, The Rating on Anglo American PLC (LON:AAL) shares of a ‘”Overweight”‘ was maintained.

Investors sentiment increased to 0.74 in Q4 2017. Its up 0.08, from 0.66 in 2017Q3. It increased, as 57 investors sold Anglo American plc shares while 193 reduced holdings. 66 funds opened positions while 118 raised stakes. 371.06 million shares or 2.48% less from 380.49 million shares in 2017Q3 were reported.

E&G Advsr Lp accumulated 31,860 shares. Inv House Ltd Limited Liability Company invested 0.09% of its portfolio in Anglo American plc (LON:AAL). Goodhaven Cap Limited stated it has 143,300 shares or 3.66% of all its holdings. Moreover, Atika Cap Ltd Liability has 1.59% invested in Anglo American plc (LON:AAL). Moreover, Jpmorgan Chase has 0.01% invested in Anglo American plc (LON:AAL) for 603,242 shares. Hudock Cap Gru Ltd Liability Co has invested 0.04% in Anglo American plc (LON:AAL). Captrust Finance Advsrs invested in 190 shares or 0% of the stock. 368,920 were accumulated by Chevy Chase Inc. Masters Cap Ltd accumulated 1.00 million shares or 1.24% of the stock. Bbt Cap Mgmt holds 0.52% or 50,528 shares. Rhumbline Advisers invested in 749,247 shares or 0.08% of the stock. Menta Capital Ltd accumulated 4,400 shares. Qs Investors Limited Company accumulated 5,625 shares. Dreman Value Mgmt L L C holds 0.03% of its portfolio in Anglo American plc (LON:AAL) for 944 shares. Johnson, a Wisconsin-based fund reported 2,448 shares.

Since January 29, 2018, it had 0 insider buys, and 3 insider sales for $4.08 million activity. $2.09M worth of Anglo American plc (LON:AAL) was sold by KERR DEREK J on Monday, January 29. The insider KRAEMER RICHARD C sold $158,139.

Anglo American plc (LON:AAL) Ratings Coverage

Among 15 analysts covering Anglo American PLC (LON:AAL), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Anglo American PLC has GBX 2300 highest and GBX 750 lowest target. GBX 1711’s average target is 2.15% above currents GBX 1675 stock price. Anglo American PLC had 50 analyst reports since October 26, 2017 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and GBX 1850 target in Tuesday, February 27 report. The firm has “Conviction Buy” rating by Goldman Sachs given on Friday, April 6. The rating was maintained by UBS with “Neutral” on Wednesday, March 28. Morgan Stanley maintained Anglo American plc (LON:AAL) on Monday, March 12 with “Overweight” rating. The stock of Anglo American plc (LON:AAL) has “Hold” rating given on Wednesday, April 18 by HSBC. The stock has “Outperform” rating by RBC Capital Markets on Thursday, December 21. The stock has “Overweight” rating by JP Morgan on Wednesday, December 13. On Thursday, October 26 the stock rating was maintained by Credit Suisse with “Neutral”. The firm earned “Overweight” rating on Wednesday, March 28 by Morgan Stanley. The firm has “Neutral” rating by Citigroup given on Friday, April 6.

The stock decreased 4.15% or GBX 72.6 during the last trading session, reaching GBX 1675. About 7.43 million shares traded or 20.80% up from the average. Anglo American plc (LON:AAL) has 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

Anglo American plc, together with its subsidiaries, engages in exploring, mining, processing, and smelting bulk commodities, base metals and minerals, and precious metals and minerals worldwide. The company has market cap of 23.45 billion GBP. The firm explores for iron ore, manganese ore, and alloys; metallurgical and thermal coal; copper; nickel; niobium; phosphates; platinum group metals; and rough and polished diamonds. It has a 6.84 P/E ratio.

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