Anglo American (LON:AAL) Insider Duncan Wanblad Acquires 3 Shares

Anglo American plc (LON:AAL) insider Duncan Wanblad bought 3 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average price of GBX 4,119 per share, for a total transaction of £123.57.

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

• On Thursday, May 14th, Duncan Wanblad purchased 3 shares of Anglo American stock. The stock was acquired at an average price of GBX 4,056 per share, with a total value of £121.68.
• On Tuesday, April 14th, Duncan Wanblad purchased 4 shares of Anglo American stock. The shares were acquired at an average cost of GBX 3,592 per share, for a total transaction of £143.68.

Anglo American Trading Down 0.2%

Shares of AAL stock traded down GBX 9.31 during mid-day trading on Wednesday, hitting GBX 4,087.69. 13,861,100 shares of the company’s stock were exchanged, compared to its average volume of 46,596,652. The stock has a market cap of £43.80 billion, a price-to-earnings ratio of -12.39, a PEG ratio of 2.05 and a beta of 0.98. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 91.60. Anglo American plc has a fifty-two week low of GBX 1,987.20 and a fifty-two week high of GBX 4,239. The stock has a 50-day simple moving average of GBX 3,769.46 and a two-hundred day simple moving average of GBX 3,422.08.

Analyst Upgrades and Downgrades

AAL has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their target price on Anglo American from GBX 2,780 to GBX 3,160 and gave the stock an “underweight” rating in a research report on Tuesday, May 26th. Berenberg Bank lifted their price objective on Anglo American from GBX 4,000 to GBX 4,200 and gave the company a “buy” rating in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Anglo American from GBX 3,800 to GBX 4,500 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 3,657.50.

Anglo American Company Profile

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.