November 23, 2016 - By olga
In a research note revealed to clients on Wednesday, 23 November, Anglo American PLC (LON:AAL) stock had its “Hold” Rating reiterated by equity research analysts at Deutsche Bank.
Out of 27 analysts covering Anglo American PLC (LON:AAL), 8 rate it a “Buy”, 9 “Sell”, while 10 “Hold”. This means 30% are positive. GBX 2050 is the highest target while GBX 152 is the lowest. The GBX 848.35 average target is -30.26% below today’s (GBX 1216.5) stock price. Anglo American PLC has been the topic of 333 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm earned “Sell” rating on Thursday, July 14 by Liberum Capital. The firm has “Reduce” rating given on Thursday, March 17 by Nomura. The rating was maintained by Deutsche Bank on Monday, April 4 with “Hold”. Liberum Capital maintained the shares of AAL in a report on Monday, July 27 with “Sell” rating. On Wednesday, June 29 the stock rating was maintained by JP Morgan with “Underweight”. Liberum Capital maintained the stock with “Sell” rating in Thursday, October 29 report. The firm has “Reduce” rating by Nomura given on Monday, September 21. The rating was maintained by Macquarie Research with “Neutral” on Thursday, September 24. The rating was maintained by Societe Generale with “Hold” on Friday, July 24. The stock has “Sell” rating given by Liberum Capital on Monday, April 11.
About 1.63 million shares traded hands. Anglo American plc (LON:AAL) has risen 77.88% since April 25, 2016 and is uptrending. It has outperformed by 72.55% the S&P500.
Insitutional Activity: The institutional sentiment decreased to 0.46 in 2016 Q2. Its down 0.14, from 0.6 in 2016Q1. The ratio dived, as 111 funds sold all Anglo American plc shares owned while 206 reduced positions. 40 funds bought stakes while 150 increased positions. They now own 384.56 million shares or 8.83% less from 421.82 million shares in 2016Q1.
Balyasny Asset Management Limited Liability Corp accumulated 0% or 13,819 shares. The Pennsylvania-based Ajo L P has invested 0.5% in Anglo American plc (LON:AAL). Glendon Mgmt Limited Partnership last reported 146,485 shares in the company. Brinker Capital Incorporated holds 25,885 shares or 0.07% of its portfolio. Finemark Fincl Bank Trust accumulated 56 shares or 0% of the stock. Euclid Advisors Limited Co has 18,080 shares for 0.02% of their US portfolio. Pictet Asset Management Ltd holds 0.02% of its portfolio in Anglo American plc (LON:AAL) for 160,800 shares. Moreover, M&T Bancorp has 0.01% invested in Anglo American plc (LON:AAL) for 28,963 shares. Regions Fincl Corp owns 67,737 shares or 0.02% of their US portfolio. Teachers accumulated 770,116 shares or 0.04% of the stock. Nationwide Fund Advsr last reported 0.02% of its portfolio in the stock. Tiaa Cref Invest Mngmt Limited Co holds 0.04% or 1.75M shares in its portfolio. Blackrock Fund Advsrs holds 0.06% or 9.22M shares in its portfolio. Jefferies Grp Ltd Company owns 947,615 shares or 0.12% of their US portfolio. The Connecticut-based Hartford Mgmt Company has invested 0.08% in Anglo American plc (LON:AAL).
Insider Transactions: Since June 13, 2016, the stock had 1 insider buy, and 7 sales for $14.36 million net activity. Nocella Andrew P had sold 171,383 shares worth $6.97 million on Monday, October 31. Another trade for 10,000 shares valued at $363,432 was made by Leibman Maya on Wednesday, September 14. $1.36M worth of Anglo American plc (LON:AAL) was sold by GOULET – BEVERLY K. on Tuesday, July 12. SCHIFTER RICHARD P bought 3,000 shares worth $96,390. Another trade for 89,556 shares valued at $4.02M was sold by EBERWEIN ELISE R.
Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The company has a market cap of 16.86 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.
According to Zacks Investment Research, “American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.”
American Airlines Group Inc. (AAG), incorporated on February 16, 1982, is a holding firm whose primary business activity is the operation of a network air carrier through its subsidiaries, American Airlines, Inc. (American) and its regional subsidiaries, Envoy Aviation Group Inc. (Envoy), Piedmont Airlines, Inc. (Piedmont) and PSA Airlines, Inc. (PSA) that operate under capacity purchase agreements as American Eagle.
Another recent and important Anglo American plc (LON:AAL) news was published by Wsj.com which published an article titled: “Anglo American Halts Operations at Los Bronces Mine in Chile” on November 17, 2016.
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