Anglo American plc (LON:AAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Anglo American plc (LON:AAL) has earned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is GBX 3,160.

A number of equities analysts have commented on the stock. UBS Group reaffirmed a “buy” rating and issued a GBX 3,500 price objective on shares of Anglo American in a report on Friday, January 23rd. Berenberg Bank decreased their price objective on shares of Anglo American from GBX 4,200 to GBX 3,900 and set a “buy” rating for the company in a report on Thursday, March 5th. Finally, Citigroup raised shares of Anglo American to a “buy” rating and lifted their price objective for the stock from GBX 3,300 to GBX 4,500 in a report on Monday, February 2nd.

Anglo American Stock Performance

Anglo American stock opened at GBX 3,631.50 on Monday. The company has a market cap of £38.91 billion, a PE ratio of -11.00, a P/E/G ratio of 2.05 and a beta of 0.94. The company has a fifty day moving average price of GBX 3,388.42 and a two-hundred day moving average price of GBX 3,140.53. The company has a debt-to-equity ratio of 91.60, a current ratio of 1.98 and a quick ratio of 1.28. Anglo American has a 12 month low of GBX 1,987.20 and a 12 month high of GBX 3,877.

Insider Buying and Selling

In other Anglo American news, insider Anne Wade acquired 525 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was purchased at an average price of GBX 3,050 per share, with a total value of £16,012.50. Insiders have acquired a total of 542 shares of company stock valued at $1,657,589 over the last three months. Insiders own 0.37% of the company’s stock.

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.