Sunday, 10 November 2013

Goldman Sachs Group Inc. Increases Anglo American Price Target to GBX 1,130 (AAL)




Investment analysts at Goldman Sachs Group Inc. upped their target price on shares of Anglo American (LON:AAL) from GBX 1,100 ($17.63) to GBX 1,130 ($18.11) in a note issued to investors on Friday, American Banking and Market News reports. The firm currently has a “sell” rating on the stock trading. Goldman Sachs Group Inc.’s target price would suggest a potentialx downside of 25.26% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue upgraded shares of Anglo American to a “buy” rating in a research note to investors on Monday. They now have a GBX 1,801.30 ($28.88) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Anglo American in a research note to investors on Friday, November 1st. Read more.

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