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Bernstein Keeps Their Hold Rating on Anglo American (AAUKF)

Tipranks - Tipranks - Tue Mar 10, 6:42AM CDT

In a report released today, from Bernstein maintained a Hold rating on Anglo American, with a price target of £24.00.

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In addition to Bernstein, Anglo American also received a Hold from TipRanks – xAI’s xAi Industrial Materials in a report issued today. However, on March 4, Berenberg Bank assigned a Buy rating to Anglo American (Other OTC: AAUKF).

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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 141 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.

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