J.P. Morgan analyst Dominic OKane maintained a Hold rating on Anglo American today and set a price target of £27.60. The company’s shares closed yesterday at $38.99.
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According to TipRanks, OKane is a 3-star analyst with an average return of 2.4% and a 57.67% success rate. OKane covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Glencore, and Anglo American.
Anglo American has an analyst consensus of Moderate Buy, with a price target consensus of $35.18, representing a -9.77% downside. In a report released on September 26, Citi also maintained a Hold rating on the stock with a £28.00 price target.
The company has a one-year high of $39.41 and a one-year low of $24.99. Currently, Anglo American has an average volume of 2,896.
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- Anglo American upgraded to Buy from Hold at Berenberg
- Anglo American Supports Teck’s Revised Operational Strategy Post-Merger
- 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
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