Anglo American (LON:AAL) had its price target boosted by Barclays from GBX 1,875 ($24.50) to GBX 2,000 ($26.13) in a research report sent to investors on Friday, ThisIsMoney.Co.Uk reports. They currently have an equal weight rating on the mining company’s stock.
A number of other research analysts also recently issued reports on AAL. DZ Bank boosted their target price on shares of Anglo American from GBX 1,430 ($18.69) to GBX 1,480 ($19.34) and gave the company a sell rating in a research report on Friday, December 14th. UBS Group reiterated a neutral rating on shares of Anglo American in a research report on Wednesday, December 19th. Deutsche Bank reiterated a hold rating on shares of Anglo American in a research report on Friday, January 11th. Liberum Capital reiterated a sell rating on shares of Anglo American in a research report on Tuesday, January 15th. Finally, Societe Generale downgraded shares of Anglo American to a hold rating in a research report on Wednesday, January 16th. Four research analysts have rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of Hold and a consensus target price of GBX 2,038.75 ($26.64).
Anglo American stock opened at GBX 2,165 ($28.29) on Friday. The company has a debt-to-equity ratio of 30.44, a quick ratio of 1.25 and a current ratio of 1.95. Anglo American has a 12-month low of GBX 1,433.80 ($18.74) and a 12-month high of GBX 2,229.50 ($29.13). The firm has a market cap of $27.40 billion and a P/E ratio of 7.90.
The firm also recently disclosed a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be issued a dividend of $0.51 per share. This is an increase from Anglo American’s previous dividend of $0.49. The ex-dividend date of this dividend is Thursday, March 14th. This represents a yield of 1.93%. Anglo American’s dividend payout ratio is presently 0.28%.
In other Anglo American news, insider Marcelo Bastos acquired 940 shares of the stock in a transaction on Tuesday, April 2nd. The shares were purchased at an average price of GBX 2,119 ($27.69) per share, for a total transaction of £19,918.60 ($26,027.18). Also, insider Stuart J. Chambers acquired 473 shares of the stock in a transaction on Thursday, March 28th. The shares were acquired at an average price of GBX 2,001 ($26.15) per share, for a total transaction of £9,464.73 ($12,367.35). In the last 90 days, insiders have acquired 1,420 shares of company stock worth $2,952,116.
Anglo American Company Profile
Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.
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