November 25, 2016 - By Louis Casey
Credit Suisse have a GBX 1300.00 target price per share on the stock. The target price per share indicates a potential upside of 8.13% from Anglo American PLC (LON:AAL)‘s previous stock close. This rating was disclosed in a research note on Friday morning.
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 853.54 average target is -30.69% below today’s (GBX 1231.5) stock price. Anglo American PLC has been the topic of 337 analyst reports since July 22, 2015 according to StockzIntelligence Inc. As per Friday, April 29, the company rating was maintained by Jefferies. The rating was maintained by Haitong Securities with “Neutral” on Friday, January 8. The firm has “Buy” rating by AlphaValue given on Thursday, August 13. As per Monday, July 27, the company rating was maintained by Liberum Capital. Liberum Capital maintained it with “Sell” rating and GBX 500 target price in Friday, November 6 report. On Monday, July 27 the stock rating was maintained by UBS with “Neutral”. The firm has “Overweight” rating by JP Morgan given on Wednesday, September 7. As per Monday, August 10, the company rating was maintained by Investec. The company was maintained on Tuesday, February 2 by Deutsche Bank. As per Friday, March 11, the company rating was maintained by Liberum Capital.
About 1.46M shares traded hands. Anglo American plc (LON:AAL) has risen 79.94% since April 27, 2016 and is uptrending. It has outperformed by 74.53% the S&P500.
Analysts await American Airlines Group Inc (NASDAQ:AAL) to report earnings on February, 3. They expect $0.66 earnings per share, down 67.00% or $1.34 from last year’s $2 per share. AAL’s profit will be $343.96M for 17.55 P/E if the $0.66 EPS becomes a reality. After $2.80 actual earnings per share reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -76.43% negative EPS growth.
Insitutional Activity: The institutional sentiment decreased to 0.46 in Q2 2016. Its down 0.14, from 0.6 in 2016Q1. The ratio turned negative, 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.
Blue Edge Limited Liability Corporation accumulated 30,989 shares or 0% of the stock. Next Group Inc holds 0.03% of its portfolio in Anglo American plc (LON:AAL) for 3,100 shares. Sigma Planning last reported 0.05% of its portfolio in the stock. Metropolitan Life Ny holds 0.06% or 301,425 shares in its portfolio. Rs Inv Mgmt Limited Liability Corporation, a California-based fund reported 5,974 shares. Wellington Shields Capital Mgmt Ltd Liability Corp reported 13,100 shares or 0.06% of all its holdings. Amg National Tru Bankshares has 0.05% invested in the company for 20,085 shares. Nomura Inc last reported 204,464 shares in the company. Moreover, New England Rech & Mgmt has 0.48% invested in Anglo American plc (LON:AAL) for 19,525 shares. Hudock Cap Gp Lc has 0.05% invested in the company for 3,200 shares. Brave Asset Mngmt last reported 1.04% of its portfolio in the stock. Advsrs Capital Mngmt Limited Co has 0.29% invested in the company for 100,732 shares. Soros Fund Mgmt Ltd Com has 296,018 shares for 0.18% of their US portfolio. Moreover, Employees Retirement Systems Of Texas has 0.06% invested in Anglo American plc (LON:AAL) for 166,000 shares. Cibc Ww Mkts last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 9 sales for $15.05 million net activity. $363,432 worth of Anglo American plc (LON:AAL) was sold by Leibman Maya. GOULET – BEVERLY K. sold 5,000 shares worth $202,550. 3,000 Anglo American plc (LON:AAL) shares with value of $96,390 were bought by SCHIFTER RICHARD P. $6.97M worth of Anglo American plc (LON:AAL) shares were sold by Nocella Andrew P. The insider EBERWEIN ELISE R sold $4.02M.
Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The company has a market cap of 17.25 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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By Louis Casey