Magali Anderson Purchases 213 Shares of Anglo American (LON:AAL) Stock

Anglo American plc (LON:AAL) insider Magali Anderson bought 213 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were acquired at an average cost of GBX 3,725 per share, for a total transaction of £7,934.25.

Anglo American Stock Performance

Shares of LON AAL traded up GBX 94 during midday trading on Thursday, hitting GBX 3,706. The company’s stock had a trading volume of 26,716,688 shares, compared to its average volume of 44,621,078. Anglo American plc has a 1-year low of GBX 2,019.50 and a 1-year high of GBX 4,239. The firm’s fifty day moving average price is GBX 3,824.74 and its 200-day moving average price is GBX 3,464.34. The company has a debt-to-equity ratio of 86.09, a quick ratio of 1.27 and a current ratio of 1.98. The firm has a market cap of £39.71 billion, a P/E ratio of -11.23, a P/E/G ratio of 2.05 and a beta of 0.98.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AAL shares. Deutsche Bank Aktiengesellschaft upped their target price on Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,000 target price on shares of Anglo American in a research report on Tuesday, June 9th. JPMorgan Chase & Co. lifted their price target on Anglo American from GBX 2,780 to GBX 3,160 and gave the company an “underweight” rating in a report on Tuesday, May 26th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 4,200 price objective on shares of Anglo American in a research report on Thursday, June 18th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price 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.