Anglo American (LON:AAL) Insider Buys 3 Shares

Anglo American plc (LON:AAL) insider Duncan Wanblad bought 3 shares of the company’s stock in a transaction on Tuesday, July 14th. The stock was purchased at an average price of GBX 3,618 per share, with a total value of £108.54.

Duncan Wanblad also recently made the following trade(s):

• On Monday, June 15th, Duncan Wanblad purchased 3 shares of Anglo American stock. The shares were purchased at an average price of GBX 4,119 per share, for a total transaction of £123.57.
• On Thursday, May 14th, Duncan Wanblad acquired 3 shares of Anglo American stock. The stock was purchased at an average cost of GBX 4,056 per share, with a total value of £121.68.

Anglo American Trading Down 1.6%

LON AAL traded down GBX 58 during trading hours on Thursday, reaching GBX 3,489. The company’s stock had a trading volume of 20,839,844 shares, compared to its average volume of 40,096,914. The firm has a fifty day simple moving average of GBX 3,834.07 and a 200-day simple moving average of GBX 3,542.35. The company has a debt-to-equity ratio of 86.09, a current ratio of 1.98 and a quick ratio of 1.27. Anglo American plc has a 52 week low of GBX 2,042 and a 52 week high of GBX 4,239. The stock has a market cap of £37.38 billion, a P/E ratio of -10.57, a P/E/G ratio of 2.05 and a beta of 0.97.

Analysts Set New Price Targets

Several analysts recently weighed in on AAL shares. Berenberg Bank reissued a “hold” rating and issued a GBX 4,200 price objective on shares of Anglo American in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on Anglo American from GBX 3,800 to GBX 4,500 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Jefferies Financial Group reissued a “buy” rating and set a GBX 5,000 target price on shares of Anglo American in a research report on Tuesday, June 9th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the stock an “underweight” rating in a research report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 3,681.25.

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.