Anglo American (OTCMKTS:AAUKF) Stock Price Crosses Below Fifty Day Moving Average of $38.09

Anglo American plc (OTCMKTS:AAUKFGet Rating) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $38.09 and traded as low as $34.54. Anglo American shares last traded at $34.54, with a volume of 1,201 shares.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AAUKF. Deutsche Bank Aktiengesellschaft downgraded Anglo American to a “hold” rating and set a $3,500.00 price target for the company. in a report on Wednesday, June 29th. Royal Bank of Canada reaffirmed a “buy” rating and set a $44.00 target price on shares of Anglo American in a report on Wednesday, April 20th. Finally, Jefferies Financial Group raised Anglo American to a “buy” rating and set a $45.00 target price for the company in a report on Tuesday, June 7th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,232.33.

Anglo American Trading Up 3.7 %

The firm has a 50-day moving average of $38.09 and a two-hundred day moving average of $44.65.

About Anglo American

(Get Rating)

Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.

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