Anglo American (LON:AAL) Rating Reiterated by Royal Bank of Canada

Royal Bank of Canada reaffirmed their sector perform rating on shares of Anglo American (LON:AALGet Rating) in a report published on Monday, MarketBeat.com reports. They currently have a GBX 3,400 ($41.91) price objective on the mining company’s stock.

A number of other research firms have also recently weighed in on AAL. JPMorgan Chase & Co. reiterated a neutral rating on shares of Anglo American in a research note on Friday, May 13th. Liberum Capital lowered shares of Anglo American to a hold rating and set a GBX 3,020 ($37.23) price target on the stock. in a research report on Thursday, January 20th. Morgan Stanley reaffirmed an equal weight rating on shares of Anglo American in a report on Wednesday, May 11th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Anglo American from GBX 4,300 ($53.01) to GBX 3,900 ($48.08) and set a buy rating on the stock in a report on Wednesday, May 11th. Finally, Barclays reaffirmed an equal weight rating and set a GBX 3,400 ($41.91) target price on shares of Anglo American in a report on Monday. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of Hold and an average price target of GBX 3,533.75 ($43.56).

AAL opened at GBX 3,467 ($42.74) on Monday. The company has a quick ratio of 1.24, a current ratio of 1.79 and a debt-to-equity ratio of 37.20. The stock has a market cap of £46.37 billion and a price-to-earnings ratio of 6.19. Anglo American has a twelve month low of GBX 2,350 ($28.97) and a twelve month high of GBX 4,996.80 ($61.60). The company’s 50-day moving average price is GBX 3,740.96 and its two-hundred day moving average price is GBX 3,389.34.

The firm also recently disclosed a dividend, which was paid on Tuesday, April 26th. Stockholders of record on Thursday, March 17th were paid a $1.68 dividend. The ex-dividend date of this dividend was Thursday, March 17th. This represents a dividend yield of 3.52%. Anglo American’s dividend payout ratio (DPR) is 0.43%.

In other news, insider Stephen Pearce sold 61,100 shares of the company’s stock in a transaction on Wednesday, March 2nd. The shares were sold at an average price of GBX 3,919 ($48.31), for a total value of £2,394,509 ($2,951,810.90).

Anglo American Company Profile (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.

See Also

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.