Insider Buying: Anglo American plc (LON:AAL) Insider Acquires 1,200 Shares of Stock

Anglo American plc (LON:AALGet Free Report) insider Marcelo Bastos bought 1,200 shares of the stock in a transaction on Tuesday, September 24th. The stock was purchased at an average price of GBX 2,131 ($28.54) per share, for a total transaction of £25,572 ($34,242.10).

Anglo American Stock Performance

LON AAL opened at GBX 2,439.50 ($32.67) on Friday. The company’s 50 day simple moving average is GBX 2,202.94 and its two-hundred day simple moving average is GBX 2,286.97. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. Anglo American plc has a 1 year low of GBX 1,630 ($21.83) and a 1 year high of GBX 2,813 ($37.67). The stock has a market capitalization of £29.52 billion, a PE ratio of -2,368.45, a P/E/G ratio of 1.91 and a beta of 1.10.

Anglo American Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 15th will be given a $0.42 dividend. This represents a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, August 15th. This is an increase from Anglo American’s previous dividend of $0.41. Anglo American’s dividend payout ratio (DPR) is -6,310.68%.

Wall Street Analyst Weigh In

AAL has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price objective on Anglo American from GBX 2,735 ($36.62) to GBX 2,590 ($34.68) and set an “overweight” rating for the company in a report on Wednesday, July 3rd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Anglo American from GBX 2,900 ($38.83) to GBX 2,700 ($36.15) and set a “buy” rating for the company in a research note on Monday, September 9th. Bank of America restated a “buy” rating and set a GBX 3,100 ($41.51) price target on shares of Anglo American in a research note on Wednesday, June 26th. Citigroup reiterated a “buy” rating and issued a GBX 3,000 ($40.17) price objective on shares of Anglo American in a research note on Friday, May 31st. Finally, Berenberg Bank restated a “sell” rating and set a GBX 2,100 ($28.12) target price on shares of Anglo American in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Anglo American presently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,715 ($36.36).

Read Our Latest Report on Anglo American

Anglo American Company Profile

(Get Free Report)

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.

Recommended Stories

Insider Buying and Selling by Quarter for Anglo American (LON:AAL)

Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.