Jefferies Financial Group Reaffirms “Buy” Rating for Anglo American (LON:AAL)

Anglo American (LON:AAL)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 5,000 price target on the mining company’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 28.50% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Berenberg Bank increased their target price on shares of Anglo American from GBX 4,000 to GBX 4,200 and gave the company a “buy” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. upped their price target on Anglo American from GBX 2,780 to GBX 3,160 and gave the stock an “underweight” rating in a report on Tuesday, May 26th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 3,657.50.

Anglo American Stock Up 0.4%

AAL opened at GBX 3,891 on Tuesday. Anglo American has a one year low of GBX 1,987.20 and a one year high of GBX 4,239. The firm has a market capitalization of £41.69 billion, a P/E ratio of -11.79, a price-to-earnings-growth ratio of 2.05 and a beta of 0.96. The company has a fifty day moving average price of GBX 3,688.35 and a 200-day moving average price of GBX 3,373.77. The company has a debt-to-equity ratio of 91.60, a current ratio of 1.98 and a quick ratio of 1.28.

Anglo American Company Profile

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.