Rating Change: Anglo American (LON:AAL) Stock Rating Reconfirmed by UBS; The GBX 950.00 Target Indicates -20.54% Potential

November 30, 2016 - By olga

Anglo American (LON:AAL) Rating

Equity research analysts at UBS have GBX 950.00 price target on Anglo American (LON:AAL). UBS’s price target indicates a potential downside of -20.54% from the company’s stock close price. The rating was revealed to clients and investors in a research report on Wednesday, 30 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 -28.12% below today’s (GBX 1187.5) stock price. Anglo American PLC has been the topic of 337 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Anglo American plc (LON:AAL) earned “Underweight” rating by J.P. Morgan on Thursday, October 15. JP Morgan maintained Anglo American plc (LON:AAL) on Friday, April 15 with “Underweight” rating. On Wednesday, February 17 the stock rating was maintained by Deutsche Bank with “Hold”. As per Friday, July 24, the company rating was maintained by Liberum Capital. The firm has “Underweight” rating given on Tuesday, December 15 by JP Morgan. The stock of Anglo American plc (LON:AAL) has “Outperform” rating given on Monday, July 27 by Credit Suisse. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, February 2. Bernstein upgraded it to “Outperform” rating and GBX 1010 target price in Thursday, February 11 report. The stock of Anglo American plc (LON:AAL) earned “Underweight” rating by JP Morgan on Tuesday, August 25. As per Tuesday, December 1, the company rating was maintained by Deutsche Bank.

About 7.87M shares traded hands. Anglo American plc (LON:AAL) has risen 57.78% since May 2, 2016 and is uptrending. It has outperformed by 52.55% 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 $344.85 million for 17.67 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 is 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.

Quantitative Systematic Strategies Ltd Liability Co holds 0.37% or 28,987 shares in its portfolio. Eqis Inc, a California-based fund reported 12,840 shares. Bridgeway Capital Mngmt, a Texas-based fund reported 102,800 shares. Landscape Cap Management Limited holds 0.09% or 24,057 shares in its portfolio. Schwab Charles Inv Mgmt Inc owns 1.57M shares or 0.06% of their US portfolio. Invest House Lc has 29,700 shares for 0.13% of their US portfolio. Moreover, State Board Of Administration Of Florida Retirement has 0.07% invested in Anglo American plc (LON:AAL) for 814,866 shares. Huntington Bancorp holds 250 shares or 0% of its portfolio. Girard Prtnrs Ltd has 0.14% invested in the company for 12,785 shares. Mgmt Ltd Liability Company holds 100,732 shares or 0.29% of its portfolio. Portolan Cap Ltd Com accumulated 142,070 shares or 0.58% of the stock. Qs Investors Llc has 0.12% invested in the company for 478,869 shares. Citadel Advisors Ltd Liability Company accumulated 0.01% or 437,738 shares. Johnson Gp has 0% invested in the company for 216 shares. Msd Prtn Limited Partnership reported 20,743 shares or 0.04% of all its holdings.

Insider Transactions: Since June 13, 2016, the stock had 1 insider buy, and 9 selling transactions for $15.05 million net activity. Shares for $202,550 were sold by GOULET – BEVERLY K. on Tuesday, November 1. Nocella Andrew P also sold $6.97 million worth of Anglo American plc (LON:AAL) shares. On Tuesday, November 15 the insider EBERWEIN ELISE R sold $4.02 million. Another trade for 10,000 shares valued at $463,500 was made by Leibman Maya on Monday, November 21. SCHIFTER RICHARD P also bought $96,390 worth of Anglo American plc (LON:AAL) shares.

Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The company has a market cap of 16.73 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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