Analysts Set Anglo American plc (LON:AAL) PT at GBX 3,681.25

Shares of Anglo American plc (LON:AAL) have been assigned a consensus rating of “Hold” from the eight brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 3,668.75.

AAL has been the topic of a number of research reports. JPMorgan Chase & Co. lifted their price target on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a report on Friday, July 10th. Berenberg Bank dropped their price objective on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a “hold” rating for the company in a report on Friday, July 24th. Jefferies Financial Group reissued a “buy” rating and set a GBX 5,000 price objective on shares of Anglo American in a report on Tuesday, June 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Anglo American from GBX 3,800 to GBX 4,500 and gave the company a “buy” rating in a research report on Wednesday, June 3rd.

Insider Buying and Selling at Anglo American

In other Anglo American news, insider Magali Anderson bought 213 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average cost of GBX 3,725 per share, for a total transaction of £7,934.25. Also, insider Nonkululeko Nyembezi purchased 194 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was bought at an average price of GBX 3,725 per share, with a total value of £7,226.50. Insiders bought 912 shares of company stock worth $3,399,843 in the last quarter. 0.43% of the stock is owned by corporate insiders.

Anglo American Price Performance

AAL stock opened at GBX 3,596 on Wednesday. The company has a debt-to-equity ratio of 86.09, a quick ratio of 1.27 and a current ratio of 1.98. The company’s fifty day moving average price is GBX 3,771.95 and its 200-day moving average price is GBX 3,569.91. Anglo American has a one year low of GBX 2,042 and a one year high of GBX 4,239. The company has a market capitalization of £38.53 billion, a PE ratio of -10.90, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97.

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.