Barclays Sticks to Its Buy Rating for Anglo American (AAUKF)
In a report released today, Ian Rossouw CFA from Barclays maintained a Buy rating on Anglo American, with a price target of p4,000.00.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Rossouw CFA is a 5-star analyst with an average return of 14.8% and a 59.09% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as Antofagasta, South32, and Glencore.
Anglo American has an analyst consensus of Moderate Buy, with a price target consensus of p0.36.
Based on Anglo American’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p9.61 billion and a GAAP net loss of p1.87 billion. In comparison, last year the company earned a revenue of p12.83 billion and had a GAAP net loss of p2.4 billion
Based on the recent corporate insider activity of 137 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAUKF in relation to earlier this year.
Read More on AAUKF:
Disclaimer & DisclosureReport an Issue
- Anglo American Executives Acquire Shares Under All-Employee Incentive Plan
- Anglo American upgraded to Outperform from Neutral at Oddo BHF
- Anglo American price target lowered to 3,600 GBp from 3,900 GBp at Berenberg
- Anglo American CFO Retains Shares After Final Tranche of Buyout Award Vests
- Anglo American Confirms Total Voting Rights After Share Capital Update
