Insider Buying: Anglo American plc (LON:AAL) Insider Acquires £6,973.56 in Stock

Anglo American plc (LON:AAL) insider Nonkululeko Nyembezi bought 297 shares of the company’s stock in a transaction dated Thursday, December 19th. The stock was bought at an average price of GBX 2,348 ($29.51) per share, with a total value of £6,973.56 ($8,765.16).

Anglo American Stock Down 0.4 %

Shares of AAL opened at GBX 2,327.50 ($29.25) on Monday. The firm has a fifty day moving average price of GBX 2,386.70 and a 200-day moving average price of GBX 2,341.33. The company has a current ratio of 1.98, a quick ratio of 1.28 and a debt-to-equity ratio of 62.94. The firm has a market capitalization of £28.16 billion, a P/E ratio of -2,237.98, a P/E/G ratio of 2.05 and a beta of 1.10. Anglo American plc has a 12-month low of GBX 1,657.60 ($20.83) and a 12-month high of GBX 2,813 ($35.36).

Analyst Ratings Changes

A number of analysts recently issued reports on AAL shares. Citigroup restated a “top pick” rating on shares of Anglo American in a research report on Thursday, December 12th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a research note on Friday, November 22nd. Berenberg Bank reaffirmed a “sell” rating and set a GBX 2,100 ($26.40) price target on shares of Anglo American in a research note on Thursday, October 24th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Anglo American from GBX 2,900 ($36.45) to GBX 2,700 ($33.94) and set a “buy” rating on the stock in a report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 2,715 ($34.13).

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.