Insider Buying: Anglo American (LON:AAL) Insider Purchases £7,867.86 in Stock

Anglo American plc (LON:AAL) insider Magali Anderson bought 273 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was purchased at an average price of GBX 2,882 per share, for a total transaction of £7,867.86.

Magali Anderson also recently made the following trade(s):

• On Monday, September 29th, Magali Anderson purchased 255 shares of Anglo American stock. The stock was acquired at an average cost of GBX 2,731 per share, for a total transaction of £6,964.05.

Anglo American Stock Performance

LON:AAL opened at GBX 3,012 on Friday. The company has a market cap of £32.15 billion, a price-to-earnings ratio of -7.72, a PEG ratio of 2.05 and a beta of 1.10. The company has a debt-to-equity ratio of 78.84, a quick ratio of 1.28 and a current ratio of 1.98. Anglo American plc has a 52-week low of GBX 1,900.01 and a 52-week high of GBX 3,051. The firm’s 50-day moving average is GBX 2,857.54 and its 200-day moving average is GBX 2,521.67.

Analyst Ratings Changes

AAL has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Anglo American from GBX 2,760 to GBX 3,220 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Panmure Gordon restated a “hold” rating and issued a GBX 2,500 price objective on shares of Anglo American in a research report on Sunday, December 14th. Finally, Berenberg Bank boosted their price target on Anglo American from GBX 3,000 to GBX 3,100 and gave the company a “buy” rating in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,603.33.

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.