Insider Buying: Anglo American (LON:AAL) Insider Buys £7,971.32 in Stock

Anglo American plc (LON:AAL) insider Magali Anderson bought 196 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were purchased at an average price of GBX 4,067 per share, with a total value of £7,971.32.

Anglo American Stock Performance

Shares of AAL stock opened at GBX 4,097 on Friday. The firm has a 50 day moving average of GBX 4,006.61 and a two-hundred day moving average of GBX 3,763.67. The stock has a market capitalization of £43.90 billion, a PE ratio of -16.26, a P/E/G ratio of 2.05 and a beta of 0.99. The company has a quick ratio of 1.27, a current ratio of 2.21 and a debt-to-equity ratio of 100.59. Anglo American plc has a 52 week low of GBX 2,639 and a 52 week high of GBX 4,348.

Analyst Ratings Changes

AAL has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,000 target price on shares of Anglo American in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 4,500 price target on shares of Anglo American in a research report on Friday, July 31st. Berenberg Bank lowered their price objective on Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. boosted their price objective on Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Anglo American currently has an average rating of “Hold” and a consensus target price of GBX 3,921.43.

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.