Anglo American (LON:AAL) Earns Neutral Rating from JPMorgan Chase & Co.

Anglo American (LON:AAL)‘s stock had its “neutral” rating restated by investment analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Marketbeat.com reports.

A number of other research firms have also weighed in on AAL. Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($26.33) target price on shares of Anglo American in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lowered their target price on Anglo American from GBX 2,900 ($36.35) to GBX 2,700 ($33.85) and set a “buy” rating for the company in a report on Monday, September 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,715 ($34.04).

Anglo American Stock Up 0.4 %

Shares of LON:AAL opened at GBX 2,359 ($29.57) on Friday. Anglo American has a 52-week low of GBX 1,630 ($20.43) and a 52-week high of GBX 2,813 ($35.26). The stock has a market cap of £28.54 billion, a P/E ratio of -2,268.27, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The business’s 50 day moving average is GBX 2,306.32 and its 200 day moving average is GBX 2,369.69. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94.

Insider Activity at Anglo American

In other news, insider Marcelo Bastos bought 1,200 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The shares were purchased at an average cost of GBX 2,131 ($26.71) per share, with a total value of £25,572 ($32,057.16). Insiders have bought a total of 1,214 shares of company stock valued at $2,587,104 in the last ninety days. Company insiders own 9.78% of the company’s stock.

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.