Rating Summary: HSBC Analyst Reaffirmed GBX 1100.00 Price Target on Anglo American PLC (LON:AAL) stock, While Reiterating “Hold” Rating

November 25, 2016 - By Dolores Ford

Anglo American PLC (LON:AAL) Rating

They currently have a GBX 1100.00 price target on Anglo American PLC (LON:AAL). HSBC’s target would suggest a potential downside of -8.50% from the company’s previous stock close. This was disclosed in analysts note on 25 November.

Anglo American plc (LON:AAL) Ratings Coverage

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 Monday, September 19, the company rating was maintained by Haitong Securities. Barclays Capital maintained Anglo American plc (LON:AAL) on Tuesday, November 22 with “Equal Weight” rating. The firm earned “Hold” rating on Wednesday, December 9 by Canaccord Genuity. The stock has “Hold” rating given by Deutsche Bank on Wednesday, March 23. Barclays Capital maintained the shares of AAL in a report on Thursday, July 21 with “Underweight” rating. The firm earned “Sell” rating on Monday, July 27 by Liberum Capital. The rating was maintained by Bernstein with “Outperform” on Tuesday, March 1. AlphaValue maintained Anglo American plc (LON:AAL) rating on Thursday, August 20. AlphaValue has “Buy” rating and GBX 1040 price target. On Thursday, September 15 the stock rating was maintained by JP Morgan with “Overweight”. As per Friday, November 13, the company rating was maintained by Nomura.

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 EPS, 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 EPS 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 2016 Q2. Its down 0.14, from 0.6 in 2016Q1. The ratio dropped, 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.

The Missouri-based Benjamin F Edwards And Co has invested 0% in Anglo American plc (LON:AAL). Msd Partners L P last reported 20,743 shares in the company. Moreover, Millennium Limited Co has 0% invested in Anglo American plc (LON:AAL) for 33,952 shares. Parkside Finance National Bank has 72 shares for 0% of their US portfolio. At State Bank holds 160,167 shares or 0.67% of its portfolio. Redwood Cap Mgmt Limited Liability Corp accumulated 0.23% or 50,000 shares. Financial Bank Of Montreal Can last reported 749,125 shares in the company. Hudson Canyon Investment Counselors Lc reported 12,420 shares or 0.4% of all its holdings. Camarda Lc accumulated 250 shares or 0% of the stock. Raymond James Fincl Advsrs owns 27,433 shares or 0.01% of their US portfolio. Kirr Marbach Limited Liability Corp In holds 1.91% or 315,647 shares in its portfolio. Parallax Volatility Advisers Lp has 1.53M shares for 0.09% of their US portfolio. Thrivent Fincl For Lutherans accumulated 20,517 shares or 0% of the stock. Buckingham Cap Inc has 59,000 shares for 0.2% of their US portfolio. Systematic Fincl Mgmt Lp holds 0.13% or 340,435 shares in its portfolio.

Insider Transactions: Since June 13, 2016, the stock had 1 insider purchase, and 9 insider sales for $15.05 million net activity. 20,000 shares with value of $800,000 were sold by GOULET – BEVERLY K. on Wednesday, October 19. 89,556 shares were sold by EBERWEIN ELISE R, worth $4.02M on Tuesday, November 15. On Monday, November 21 the insider Leibman Maya sold $463,500. 171,383 shares with value of $6.97M were sold by Nocella Andrew P on Monday, October 31. SCHIFTER RICHARD P had bought 3,000 shares worth $96,390 on Monday, June 13.

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.”

AAL Company Profile

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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