Anglo American (LON:AAL) Insider Acquires 487 Shares of Stock

Anglo American plc (LON:AAL) insider Stuart Chambers acquired 487 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were bought at an average price of GBX 3,725 per share, for a total transaction of £18,140.75.

Anglo American Stock Performance

Anglo American stock traded up GBX 94 during mid-day trading on Thursday, reaching GBX 3,706. 26,716,688 shares of the company traded hands, compared to its average volume of 44,621,078. Anglo American plc has a fifty-two week low of GBX 2,019.50 and a fifty-two week high of GBX 4,239. The firm’s fifty day moving average is GBX 3,824.74 and its two-hundred day moving average is GBX 3,464.34. The company has a debt-to-equity ratio of 86.09, a current ratio of 1.98 and a quick ratio of 1.27. The company has a market capitalization of £39.71 billion, a price-to-earnings ratio of -11.23, a price-to-earnings-growth ratio of 2.05 and a beta of 0.98.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on AAL shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,000 price target on shares of Anglo American in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft boosted their price target on Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Berenberg Bank reaffirmed a “hold” rating and set a GBX 4,200 price objective on shares of Anglo American in a research note on Thursday, June 18th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Anglo American from GBX 2,780 to GBX 3,160 and gave the company an “underweight” rating in a research note on Tuesday, May 26th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 3,657.50.

Anglo American Company Profile

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.