Rating Worth Mentioning Today: Analysts at HSBC Reconfirmed their “Hold” rating for Anglo American (LON:AAL) with GBX 1100.00 Price Objective

November 25, 2016 - By Winifred Garcia

Anglo American (LON:AAL) Rating

Research professionals at HSBC have GBX 1100.00 target on Anglo American (LON:AAL). HSBC’s target gives a potential downside of -11.68% from the company’s previous stock close. The rating was revealed to clients and investors in an analyst report on Friday, 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 -31.17% below today’s (GBX 1240.05) stock price. Anglo American PLC has been the topic of 337 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Citigroup maintained the shares of AAL in a report on Thursday, August 27 with “Neutral” rating. The rating was maintained by JP Morgan with “Overweight” on Friday, October 21. The rating was maintained by Liberum Capital on Monday, November 16 with “Sell”. The firm has “Sector Performer” rating given on Wednesday, July 27 by RBC Capital Markets. The firm earned “Hold” rating on Monday, April 25 by Deutsche Bank. The firm has “Hold” rating by Jefferies given on Wednesday, November 4. Bernstein maintained it with “Outperform” rating and GBX 2050 target price in Tuesday, August 25 report. The rating was maintained by Barclays Capital on Thursday, November 24 with “Equal Weight”. Barclays Capital maintained Anglo American plc (LON:AAL) rating on Friday, September 25. Barclays Capital has “Underweight” rating and GBX 625 price target. The stock of Anglo American plc (LON:AAL) earned “Underweight” rating by Barclays Capital on Friday, October 23.

About 2.42 million 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 Q2 2016. Its down 0.14, from 0.6 in 2016Q1. The ratio worsened, 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.

Portolan Cap Mgmt Ltd Liability Com accumulated 0.58% or 142,070 shares. Jpmorgan Chase last reported 0% of its portfolio in the stock. Fiera Cap accumulated 0.01% or 55,800 shares. Mizuho Tru has 0.02% invested in the company for 248,609 shares. City Holding Com holds 0.21% of its portfolio in Anglo American plc (LON:AAL) for 17,035 shares. Susquehanna Interest Group Llp accumulated 0.05% or 3.17 million shares. Planning has 6,179 shares for 0.02% of their US portfolio. Shelton Mgmt last reported 0.11% of its portfolio in the stock. Vanguard Grp Incorporated last reported 33.51M shares in the company. Soros Fund Management Limited Liability Company owns 296,018 shares or 0.18% of their US portfolio. State Street holds 0.06% or 18.72 million shares in its portfolio. Macquarie Group Incorporated Ltd holds 0.02% of its portfolio in Anglo American plc (LON:AAL) for 370,543 shares. Capital Advisors Ltd Ltd Liability Com reported 136 shares or 0% of all its holdings. Deltec Asset Llc owns 530,039 shares or 3.77% of their US portfolio. Water Island Ltd Liability Corp has invested 0% of its portfolio in Anglo American plc (LON:AAL).

Insider Transactions: Since June 13, 2016, the stock had 1 insider buy, and 9 selling transactions for $15.05 million net activity. EBERWEIN ELISE R sold $4.02 million worth of stock. $202,550 worth of shares were sold by GOULET – BEVERLY K. on Tuesday, November 1. $6.97 million worth of Anglo American plc (LON:AAL) shares were sold by Nocella Andrew P. 10,000 Anglo American plc (LON:AAL) shares with value of $463,500 were sold by Leibman Maya. SCHIFTER RICHARD P bought 3,000 shares worth $96,390.

Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The company has a market cap of 17.37 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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