Anglo American’s (AAL) Neutral Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Anglo American (LON:AAL) in a report issued on Friday morning, Marketbeat Ratings reports.

A number of other equities research analysts also recently weighed in on AAL. Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.33) price objective on shares of Anglo American in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut their target price on Anglo American from GBX 2,900 ($36.35) to GBX 2,700 ($33.85) and set a “buy” rating for the company in a research report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,715 ($34.04).

Anglo American Price Performance

LON:AAL opened at GBX 2,359 ($29.57) on Friday. The company has a debt-to-equity ratio of 62.94, a quick ratio of 1.28 and a current ratio of 1.98. The company has a 50-day moving average of GBX 2,299.62 and a 200-day moving average of GBX 2,371.65. Anglo American has a 52 week low of GBX 1,630 ($20.43) and a 52 week high of GBX 2,813 ($35.26). The company has a market capitalization of £28.54 billion, a price-to-earnings ratio of -2,266.72, a PEG ratio of 2.05 and a beta of 1.10.

Insider Buying and Selling

In related news, insider Marcelo Bastos acquired 1,200 shares of the firm’s stock in a transaction on Tuesday, September 24th. The shares were purchased at an average price of GBX 2,131 ($26.71) per share, with a total value of £25,572 ($32,057.16). Insiders have acquired a total of 1,214 shares of company stock worth $2,587,104 in the last three months. Insiders own 9.78% of the company’s stock.

Anglo American Company Profile

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.