Anglo American plc (LON:AAL) Receives GBX 2,624 Consensus PT from Analysts

Shares of Anglo American plc (LON:AAL) have earned a consensus rating of “Hold” from the five brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 2,624.

Several brokerages recently issued reports on AAL. JPMorgan Chase & Co. raised their target price on Anglo American from GBX 2,760 to GBX 3,220 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Berenberg Bank increased their price target on Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a research note on Thursday, October 30th.

Anglo American Price Performance

AAL stock opened at GBX 2,870.09 on Tuesday. The company has a market capitalization of £30.63 billion, a P/E ratio of -7.35, a PEG ratio of 2.05 and a beta of 1.10. The company has a fifty day moving average price of GBX 2,852.35 and a 200-day moving average price of GBX 2,472.85. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. Anglo American has a 52-week low of GBX 1,900.01 and a 52-week high of GBX 3,051.

Insider Activity

In other news, insider Marcelo Bastos acquired 870 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost of GBX 2,838 per share, for a total transaction of £24,690.60. Also, insider Stuart J. Chambers bought 642 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were purchased at an average cost of GBX 2,731 per share, with a total value of £17,533.02. Insiders have bought a total of 2,054 shares of company stock worth $5,702,472 in the last 90 days. 0.43% of the stock is owned by company insiders.

About Anglo American

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.