Anglo American’s (AAL) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of Anglo American (LON:AAL) in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have a GBX 2,600 ($34.47) price target on the mining company’s stock.

Other analysts also recently issued research reports about the company. Citigroup lifted their price target on Anglo American from GBX 2,200 ($29.17) to GBX 2,300 ($30.50) and gave the company a “neutral” rating in a research note on Monday. Berenberg Bank reaffirmed a “sell” rating and set a GBX 1,900 ($25.19) price target on shares of Anglo American in a research report on Thursday, July 24th.

Anglo American Price Performance

AAL opened at GBX 2,205.23 ($29.24) on Monday. The stock has a market cap of £33.54 billion, a P/E ratio of -20.31, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American has a 12 month low of GBX 1,900.01 ($25.19) and a 12 month high of GBX 2,999.77 ($39.77). 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 company has a fifty day simple moving average of GBX 2,192.95 and a 200 day simple moving average of GBX 2,230.81.

Insider Buying and Selling at Anglo American

In related news, insider Nonkululeko Nyembezi purchased 347 shares of the business’s stock in a transaction that occurred on Wednesday, June 25th. The shares were bought at an average cost of GBX 2,044 ($27.10) per share, with a total value of £7,092.68 ($9,404.24). Also, insider Magali Anderson acquired 341 shares of the stock in a transaction on Wednesday, June 25th. The stock was bought at an average cost of GBX 2,044 ($27.10) per share, for a total transaction of £6,970.04 ($9,241.63). Insiders acquired 1,579 shares of company stock worth $3,232,235 in the last quarter. 9.78% of the stock is currently owned by company insiders.

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.