Anglo American plc (LON:AAL) Receives GBX 2,603.33 Consensus Price Target from Analysts

Shares of Anglo American plc (LON:AAL) have been given an average rating of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 2,603.33.

A number of research firms have recently issued reports on AAL. Panmure Gordon reiterated a “hold” rating and issued a GBX 2,500 target price on shares of Anglo American in a research note on Sunday, December 14th. Berenberg Bank increased their price target on Anglo American from GBX 3,000 to GBX 3,100 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. raised their price target on Anglo American from GBX 2,760 to GBX 3,220 and gave the company a “neutral” rating in a report on Wednesday, December 3rd.

Insiders Place Their Bets

In related news, insider Stuart J. Chambers acquired 609 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were purchased at an average price of GBX 2,882 per share, with a total value of £17,551.38. Also, insider Nonkululeko Nyembezi acquired 246 shares of the firm’s stock in a transaction on Monday, December 22nd. The shares were bought at an average cost of GBX 2,882 per share, for a total transaction of £7,089.72. In the last three months, insiders have purchased 2,025 shares of company stock valued at $5,796,911. 0.43% of the stock is owned by corporate insiders.

Anglo American Stock Up 1.1%

AAL opened at GBX 3,130.74 on Friday. The firm has a market cap of £33.41 billion, a price-to-earnings ratio of -8.02, a PEG ratio of 2.05 and a beta of 1.10. Anglo American has a twelve month low of GBX 1,900.01 and a twelve month high of GBX 3,158.52. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. The firm’s 50-day simple moving average is GBX 2,885.32 and its 200-day simple moving average is GBX 2,572.86.

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.