News stories about Anglo American (LON:AAL) have trended extremely negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than 6,000 news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Anglo American earned a media sentiment score of -4.78 on their scale. InfoTrie also assigned press coverage about the mining company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have impacted Anglo American’s score:
- Royal Bank of Canada Reiterates Top pick Rating for Anglo American (LON:AAL) (americanbankingnews.com)
- Deutsche Bank Reiterates Buy Rating for Anglo American (LON:AAL) (americanbankingnews.com)
- Anglo American (LON:AAL) Price Target Lowered to GBX 2,375 at HSBC (americanbankingnews.com)
- Anglo American (LON:AAL) PT Raised to GBX 2,400 at Jefferies Financial Group (americanbankingnews.com)
- Anglo American (LON:AAL) Receives “Sell” Rating from UBS Group (americanbankingnews.com)
Several brokerages have recently weighed in on AAL. Shore Capital reiterated a “not rated” rating on shares of Anglo American in a report on Thursday, October 3rd. JPMorgan Chase & Co. cut their price objective on shares of Anglo American from GBX 2,280 ($29.79) to GBX 2,230 ($29.14) and set a “neutral” rating on the stock in a report on Monday, August 12th. Morgan Stanley reiterated an “overweight” rating on shares of Anglo American in a report on Monday, July 15th. Credit Suisse Group reiterated an “outperform” rating on shares of Anglo American in a report on Thursday, October 17th. Finally, Jefferies Financial Group increased their price objective on shares of Anglo American from GBX 2,200 ($28.75) to GBX 2,400 ($31.36) and gave the stock a “buy” rating in a report on Wednesday. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 2,139.06 ($27.95).
Shares of LON:AAL opened at GBX 1,979.80 ($25.87) on Thursday. The company has a quick ratio of 1.55, a current ratio of 2.30 and a debt-to-equity ratio of 33.15. Anglo American has a 52-week low of GBX 1,529.80 ($19.99) and a 52-week high of GBX 2,294 ($29.98). The company has a 50 day moving average of GBX 1,885.01 and a two-hundred day moving average of GBX 1,982.86. The company has a market capitalization of $27.33 billion and a price-to-earnings ratio of 6.19.
In other news, insider Byron Elmer Grote acquired 1,000 shares of the stock in a transaction on Monday, August 5th. The stock was bought at an average price of GBX 2,214 ($28.93) per share, with a total value of £22,140 ($28,929.83). Insiders acquired 3,023 shares of company stock valued at $7,329,891 in the last ninety days.
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.
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