Anglo American’s (AAUKF) Buy Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reaffirmed their buy rating on shares of Anglo American (OTCMKTS:AAUKFGet Rating) in a report released on Wednesday, TipRanks reports. Royal Bank of Canada currently has a $44.00 target price on the stock.

A number of other equities research analysts have also recently weighed in on the company. Barclays reaffirmed a hold rating and issued a $3,075.00 price objective on shares of Anglo American in a research note on Friday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a $4,300.00 price objective on shares of Anglo American in a research note on Tuesday, April 5th. Morgan Stanley reissued a hold rating and set a $2,900.00 target price on shares of Anglo American in a research note on Wednesday, January 19th. Finally, Liberum Capital raised Anglo American to a buy rating and set a $3,830.00 target price for the company in a research note on Tuesday, March 29th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of Buy and an average target price of $2,943.17.

OTCMKTS:AAUKF opened at $43.89 on Wednesday. Anglo American has a 52 week low of $33.55 and a 52 week high of $55.61. The stock’s fifty day moving average is $51.29 and its two-hundred day moving average is $44.48.

About Anglo American (Get Rating)

Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.

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