Anglo American PLC (LON:AAL) Investors: Deutsche Bank Reaffirms “Hold” Rating

Anglo American PLC (LON:AAL) Rating

Deutsche Bank kept their “Hold” rating on Anglo American PLC (LON:AAL)’s stock in analysts note released on Tuesday, 5 April.

Out of 26 analysts covering Anglo American PLC (LON:AAL), 3 rate it “Buy”, 18 “Sell”, while 7 “Hold”. This means 11% are positive. GBX 14.5 is the highest target while GBX 2.2 is the lowest. The GBX 5.57 average target is -19.49% below today’s (GBX 527.9) stock price. Anglo American PLC was the topic in 220 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock on April 4 with “Hold” rating. Deutsche Bank maintained it with “Hold” rating and GBX 515 target price in a March 23 report. Jefferies maintained the shares of AAL in a report on March 30 with “Underperform” rating. Nomura maintained the firm’s rating on March 17. Nomura has “Reduce” rating and GBX 400 price target. Finally, Investec maintained the stock with “Sell” rating in a March 18 report.

About 1.09 million shares traded hands. Anglo American plc (LON:AAL) has declined 24.48% since September 3, 2015 and is downtrending. It has underperformed by 28.43% the S&P500.

Anglo American PLC (LON:AAL) Investors: Deutsche Bank Reaffirms

Analysts await American Airlines Group Inc (NASDAQ:AAL) to reports earnings on April, 22. They expect $1.19 EPS, down 31.21% or $0.54 from last year’s $1.73 per share. AAL’s profit will be $691.57 million for 8.27 P/E if the $1.19 EPS becomes reality. After $2.00 actual EPS reported by American Airlines Group Inc for the previous quarter, Wall Street now forecasts -40.50% negative EPS growth.

The institutional sentiment decreased to 0.96 in 2015 Q3. Its down 0.07, from 1.03 in 2015Q2. The ratio dropped, as 67 funds sold all Anglo American plc shares owned while 230 reduced positions. 67 funds bought stakes while 217 increased positions. They now own 462.75 million shares or 3.89% less from 481.50 million shares in 2015Q2.

Knighthead Capital Management Llc holds 15.57% of its portfolio in Anglo American plc for 1.54 million shares. Contrarian Capital Management L.L.C. owns 673,480 shares or 13.15% of their US portfolio. Moreover, Candlewood Investment Group Lp has 8.11% invested in the company for 250,000 shares. The New York-based Cyrus Capital Partners L.P. has invested 6.9% in the stock. Nokomis Capital L.L.C., a Texas-based fund reported 611,900 shares.

Anglo American PLC is a mining company. The company has a market cap of 7.38 billion GBP. The Company’s divisions include Iron Ore and Manganese, which includes iron ore, manganese ore and alloys; Coal, which includes metallurgical coal and thermal coal; Copper, which includes copper; Nickel, which includes nickel; Niobium, which includes niobium; Phosphates, which includes phosphates; Platinum, which includes platinum group metals, and De Beers, which includes rough and polished diamonds. It currently has negative earnings. The Company’s portfolio offers bulk commodities and base metals to precious metals and diamonds (through De Beers).

According to Zacks Investment Research, “American Airlines Group Inc. operates in the airline industry. The company provides scheduled passenger, freight and mail service primarily in North America, the Caribbean, Latin America, Europe and the Pacific. American Airlines Group Inc. is the holding company for American Airlines and US Airways. American Airlines Group Inc. is based in FORT WORTH TX.”

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