Insider Buying: Anglo American (LON:AAL) Insider Acquires £112.28 in Stock

Anglo American plc (LON:AAL) insider Duncan Wanblad acquired 4 shares of Anglo American stock in a transaction dated Friday, November 14th. The stock was acquired at an average cost of GBX 2,807 per share, with a total value of £112.28.

Duncan Wanblad also recently made the following trade(s):

• On Tuesday, October 14th, Duncan Wanblad bought 4 shares of Anglo American stock. The shares were bought at an average cost of GBX 2,909 per share, for a total transaction of £116.36.
• On Monday, September 15th, Duncan Wanblad bought 5 shares of Anglo American stock. The shares were bought at an average price of GBX 2,531 per share, with a total value of £126.55.

Anglo American Price Performance

Shares of Anglo American stock opened at GBX 2,725.78 on Thursday. The company has a debt-to-equity ratio of 78.84, a current ratio of 1.98 and a quick ratio of 1.28. The company has a market cap of £29.13 billion, a PE ratio of -6.98, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The firm has a fifty day moving average price of GBX 2,777.84 and a two-hundred day moving average price of GBX 2,393.23. Anglo American plc has a fifty-two week low of GBX 1,900.01 and a fifty-two week high of GBX 3,008.

Analyst Ratings Changes

AAL has been the subject of several research reports. Citigroup increased their target price on shares of Anglo American from GBX 2,200 to GBX 2,300 and gave the company a “neutral” rating in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,600 price target on shares of Anglo American in a report on Monday, July 28th. Royal Bank Of Canada reduced their price objective on Anglo American from GBX 2,000 to GBX 1,900 and set a “sector perform” rating for the company in a research report on Monday, August 4th. Berenberg Bank boosted their price objective on Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,760 target price on shares of Anglo American in a research note on Thursday, October 16th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,532.

About Anglo American

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.