Anglo American (LON:AAL): UBS Reiterates Neutral Rating Today, Has a Target of GBX 1650.00/Share

September 8, 2018 - By Carolyn Hewitt

Anglo American plc (LON:AAL) Logo

Investors sentiment increased to 0.83 in 2018 Q1. Its up 0.09, from 0.74 in 2017Q4. It is positive, as 56 investors sold Anglo American plc shares while 172 reduced holdings. 60 funds opened positions while 129 raised stakes. 367.01 million shares or 1.09% less from 371.06 million shares in 2017Q4 were reported.

Arizona State Retirement Systems holds 104,495 shares or 0.05% of its portfolio. Fjarde Ap holds 0% of its portfolio in Anglo American plc (LON:AAL) for 2,746 shares. 38,310 were accumulated by Pnc Financial Svcs Gp Inc. Deutsche State Bank Ag accumulated 536,362 shares. 8,356 are owned by Sigma Planning. Cornerstone Advsrs invested 0.01% of its portfolio in Anglo American plc (LON:AAL). Utah Retirement Systems invested 0.09% in Anglo American plc (LON:AAL). Fmr Ltd Liability invested 0.13% of its portfolio in Anglo American plc (LON:AAL). Hl Finance Services Ltd Liability Corp has invested 0.02% in Anglo American plc (LON:AAL). Suntrust Banks owns 45,898 shares for 0.02% of their portfolio. Columbia L L C Inv Mgmt reported 4,370 shares. Gendell Jeffrey L holds 6.19% of its portfolio in Anglo American plc (LON:AAL) for 1.06 million shares. Par Inc owns 1.32M shares. Deltec Asset Ltd Liability stated it has 171,215 shares or 1.78% of all its holdings. Comerica Bancorporation reported 104,686 shares.

Since April 20, 2018, it had 0 buys, and 2 insider sales for $683,600 activity.

Anglo American (LON:AAL) Rating Reaffirmed

In a note shared with investors and clients on Friday, 7 September, The Neutral rating of Anglo American (LON:AAL) shares was reconfirmed at UBS, who now has a GBX 1650.00 target price on the stock. UBS’s target price means a possible upside of 11.97 % from the current stock price of the company.

Anglo American plc (LON:AAL) Ratings Coverage

Among 13 analysts covering Anglo American PLC (LON:AAL), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Anglo American PLC has GBX 2300 highest and GBX 800 lowest target. GBX 1788.46’s average target is 21.22% above currents GBX 1475.4 stock price. Anglo American PLC had 34 analyst reports since March 9, 2018 according to SRatingsIntel. Barclays Capital maintained the shares of AAL in report on Wednesday, July 18 with “Equal Weight” rating. The rating was maintained by Citigroup on Friday, July 20 with “Buy”. Credit Suisse maintained the stock with “Neutral” rating in Monday, April 23 report. On Wednesday, September 5 the stock rating was maintained by Credit Suisse with “Neutral”. The rating was maintained by Deutsche Bank with “Hold” on Friday, July 20. The stock has “Neutral” rating by Credit Suisse on Wednesday, June 27. The firm has “Neutral” rating given on Friday, April 6 by Citigroup. The stock has “Overweight” rating by JP Morgan on Wednesday, April 4. The firm has “Conviction Buy” rating by Goldman Sachs given on Friday, April 6. UBS maintained it with “Neutral” rating and GBX 1650 target in Wednesday, March 28 report.

The stock decreased 1.77% or GBX 26.6 during the last trading session, reaching GBX 1475.4. About 6.30 million shares traded or 8.92% up from the average. Anglo American plc (LON:AAL) has 0.00% since September 8, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Anglo American plc (LON:AAL) to report earnings on October, 25. They expect $1.18 earnings per share, down 16.90 % or $0.24 from last year’s $1.42 per share. AAL’s profit will be $14.99 million for 312.58 P/E if the $1.18 EPS becomes a reality. After $1.63 actual earnings per share reported by Anglo American plc for the previous quarter, Wall Street now forecasts -27.61 % negative EPS growth.

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 18.74 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 6.25 P/E ratio.

Another recent and important Anglo American plc (LON:AAL) news was published by Mining.com which published an article titled: “World’s biggest miner speeds hunt for copper assets, buys stake in SolGold” on September 05, 2018.

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