Anglo American plc (LON:AAL) Receives GBX 2,698.33 Average Target Price from Brokerages

Shares of Anglo American plc (LON:AAL) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,698.33 ($33.93).

Several analysts have issued reports on the stock. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a report on Thursday, December 12th. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 2,100 ($26.41) target price on shares of Anglo American in a research note on Tuesday, February 18th. Finally, JPMorgan Chase & Co. raised their price target on Anglo American from GBX 2,160 ($27.16) to GBX 2,190 ($27.54) and gave the stock a “neutral” rating in a research report on Wednesday, February 19th.

Insider Buying and Selling

In other news, insider Duncan Wanblad sold 22,708 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.03), for a total transaction of £542,267.04 ($681,925.35). Also, insider Nonkululeko Nyembezi acquired 297 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were bought at an average price of GBX 2,348 ($29.53) per share, for a total transaction of £6,973.56 ($8,769.57). 9.78% of the stock is owned by company insiders.

Anglo American Price Performance

Anglo American stock opened at GBX 2,336 ($29.38) on Monday. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. The firm’s 50-day simple moving average is GBX 2,420.89 and its 200 day simple moving average is GBX 2,345.20. Anglo American has a 52 week low of GBX 1,657.60 ($20.85) and a 52 week high of GBX 2,813 ($35.37). The firm has a market capitalization of £35.52 billion, a PE ratio of -21.51, a P/E/G ratio of 2.05 and a beta of 1.10.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.