Are Analysts Bearish Anglo American plc (LON:AAL) After Last Week?

Out of 26 analysts covering Anglo American PLC (LON:AAL), 2 rate it “Buy”, 15 “Sell”, while 11 “Hold”. This means 7% are positive. Anglo American PLC was the topic in 204 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Below is a list of Anglo American plc (LON:AAL) latest ratings and price target changes.

03/03/2016 Broker: Deutsche Bank Rating: Hold Old Target: GBX 465.00 New Target: GBX 500.00 Maintain
03/03/2016 Broker: Jefferies Rating: Underperform Old Target: GBX 275.00 New Target: GBX 300.00 Maintain
01/03/2016 Broker: Bernstein Rating: Outperform New Target: GBX 1010 Maintain
26/02/2016 Broker: Canaccord Genuity Rating: Sell New Target: GBX 350 Downgrade
25/02/2016 Broker: Barclays Capital Rating: Underweight Old Target: GBX 225.00 New Target: GBX 225.00 Maintain
24/02/2016 Broker: Bernstein Rating: Outperform New Target: GBX 1010 Maintain
22/02/2016 Broker: Jefferies Rating: Underperform Old Target: GBX 215.00 New Target: GBX 275.00 Maintain
22/02/2016 Broker: Deutsche Bank Rating: Hold Old Target: GBX 465.00 New Target: GBX 465.00 Maintain
19/02/2016 Broker: Deutsche Bank Rating: Hold Old Target: GBX 465.00 New Target: GBX 465.00 Maintain
18/02/2016 Broker: Societe Generale Rating: Sell New Target: GBX 390.00 Maintain

The stock increased 11.07% or GBX 59 on March 4, hitting GBX 592. About 16.06 million shares traded hands. Anglo American plc (LON:AAL) has declined 24.54% since August 4, 2015 and is downtrending. It has underperformed by 19.39% the S&P500.

Anglo American PLC is a mining company. The company has a market cap of 8.24 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).

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.

Since March 25, 2015, the stock had 0 buys, and 1 sale for $2.31 million net activity. Parker W Douglas sold 60,362 shares worth $2.31 million. Johnson Stephen L sold 87,161 shares worth $4.29M. Kerr Derek J sold 2,250 shares worth $111,150. Isom Robert D Jr sold 94,765 shares worth $4.66M. The insider Kirby J Scott sold 262,471 shares worth $12.99 million.

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