In a report released today, Ian Rossouw CFA from Barclays maintained a Buy rating on Anglo American. The company’s shares closed last Wednesday at $38.99.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Rossouw CFA is a 4-star analyst with an average return of 7.8% and a 55.39% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as Anglo American, First Quantum Minerals, and Antofagasta.
In addition to Barclays, Anglo American also received a Buy from Deutsche Bank ‘s Liam Fitzpatrick in a report issued yesterday. However, on the same day, J.P. Morgan maintained a Hold rating on Anglo American (Other OTC: AAUKF).
Based on Anglo American’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $8.95 billion and a GAAP net loss of $1.88 billion. In comparison, last year the company earned a revenue of $14.46 billion and had a GAAP net loss of $672 million
Read More on AAUKF:
Disclaimer & DisclosureReport an Issue
- Anglo American price target raised to 2,760 GBp from 1,980 GBp at JPMorgan
- Teck Resources downgraded to Hold from Buy at Canaccord (yesterday)
- 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
/Technology%20abstract%20by%20TU%20IS%20via%20iStock.jpg)