Deutsche Bank Sticks to Their Buy Rating for Anglo American (AAUKF)

In a report released yesterday, Liam Fitzpatrick from Deutsche Bank maintained a Buy rating on Anglo American (AAUKFResearch Report), with a price target of p3600.00. The company’s shares closed last Wednesday at $39.75.

Fitzpatrick has an average return of 30.2% when recommending Anglo American.

According to TipRanks.com, Fitzpatrick is ranked #2748 out of 7602 analysts.

Anglo American has an analyst consensus of Strong Buy, with a price target consensus of $48.86, implying a 22.5% upside from current levels. In a report issued on July 6, Jefferies also maintained a Buy rating on the stock with a p4100.00 price target.

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The company has a one-year high of $49.42 and a one-year low of $22.94. Currently, Anglo American has an average volume of 2,363.

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Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: Iron Ore, Manganese, and Corporate and Other. Its portfolio of mining businesses includes span bulk commodities, including iron ore and manganese, metallurgical coal and thermal coal, base metals and minerals, copper, nickel, niobium and phosphates, and precious metals and minerals. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.