Anglo American plc (LON:AAL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Anglo American plc (LON:AAL) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 2,715 ($34.28).

Several brokerages have recently issued reports on AAL. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research note on Thursday. Deutsche Bank Aktiengesellschaft dropped their price target on Anglo American from GBX 2,900 ($36.62) to GBX 2,700 ($34.09) and set a “buy” rating on the stock in a report on Monday, September 9th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Finally, Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.52) target price on shares of Anglo American in a research report on Thursday, October 24th.

Anglo American Price Performance

LON:AAL opened at GBX 2,468.25 ($31.16) on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94. The business’s 50-day moving average price is GBX 2,391.98 and its 200 day moving average price is GBX 2,353.04. Anglo American has a 52-week low of GBX 1,657.60 ($20.93) and a 52-week high of GBX 2,813 ($35.52). The firm has a market cap of £29.87 billion, a P/E ratio of -2,365.87, a PEG ratio of 2.05 and a beta of 1.10.

Insider Transactions at Anglo American

In related news, insider Marcelo Bastos acquired 1,200 shares of the stock in a transaction that occurred on Tuesday, September 24th. The shares were purchased at an average cost of GBX 2,131 ($26.91) per share, with a total value of £25,572 ($32,287.88). 9.78% of the stock is currently owned by insiders.

About Anglo American

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.