Anglo American PLC (LON:AAL) Rating
The company have set target of GBX 515.00 on Anglo American PLC (LON:AAL) shares. This is -5.51% from the stock close price. In an analyst report revealed to clients and investors on 23 March, Deutsche Bank reconfirmed their “Hold” rating on shares of AAL.
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 14.51 is the highest target while GBX 2.15 is the lowest. The GBX 5.34 average target is -23.64% below today’s (GBX 553.3) stock price. Anglo American PLC was the topic in 214 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Investec maintained the stock on March 18 with “Sell” rating. Bernstein maintained it with “Outperform” rating and GBX 1010 target price in a March 14 report. Macquarie Research maintained the shares of AAL in a report on March 16 with “Underperform” rating. Liberum Capital maintained the firm’s rating on March 11. Liberum Capital has “Sell” rating and GBX 400 price target. Finally, Haitong Securities downgraded the stock to “Sell” rating in a March 15 report.
The stock closed at GBX 553.3 during the last session. It is down 16.19% since August 24, 2015 and is downtrending. It has underperformed by 14.28% the S&P500.
Analysts await American Airlines Group Inc (NASDAQ:AAL) to reports earnings on April, 22. They expect $1.19 earnings per share, down 31.21% or $0.54 from last year’s $1.73 per share. AAL’s profit will be $718.01 million for 8.98 P/E if the $1.19 EPS becomes reality. After $2.00 actual earnings per share 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 Q3 2015. Its down 0.07, from 1.03 in 2015Q2. The ratio fall, 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 $12.99M.
Anglo American PLC is a mining company. The company has a market cap of 7.84 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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