Jefferies analyst Chris LaFemina maintained a Buy rating on Anglo American today and set a price target of £33.00. The company’s shares closed last Wednesday at $37.21.
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LaFemina covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Glencore, and Teck Resources. According to TipRanks, LaFemina has an average return of 10.1% and a 53.25% success rate on recommended stocks.
In addition to Jefferies, Anglo American also received a Buy from UBS’s Myles Allsop in a report issued on September 26. However, on the same day, Citi maintained a Hold rating on Anglo American (Other OTC: AAUKF).
AAUKF market cap is currently $40.85B and has a P/E ratio of -9.33.
Read More on AAUKF:
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- Anglo American Executives Reinvest in Company Shares
- Anglo American Updates Share Capital and Voting Rights
- Anglo American Announces Director Share Transactions and Employee Share Options
- Anglo American price target raised to 2,800 GBp from 2,300 GBp at Citi
- Anglo American Executives Participate in Share Incentive Plan
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