Anglo American (LON:AAL) Stock Keeps Hold Rating at Berenberg Bank

Anglo American (LON:AAL)‘s stock had its “hold” rating reaffirmed by equities research analysts at Berenberg Bank in a report released on Wednesday, Digital Look reports. They currently have a GBX 4,300 target price on the mining company’s stock. Berenberg Bank’s price objective points to a potential upside of 11.55% from the stock’s previous close.

AAL has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 4,500 price objective on shares of Anglo American in a research note on Friday, July 31st. JPMorgan Chase & Co. upped their target price on Anglo American from GBX 3,160 to GBX 3,350 and gave the company an “underweight” rating in a research report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Anglo American currently has a consensus rating of “Hold” and a consensus price target of GBX 3,864.29.

Anglo American Stock Down 1.2%

Shares of LON:AAL traded down GBX 45.15 during trading on Wednesday, hitting GBX 3,854.85. The company’s stock had a trading volume of 8,590,689 shares, compared to its average volume of 29,779,482. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21. Anglo American has a fifty-two week low of GBX 2,639 and a fifty-two week high of GBX 4,643.80. The stock’s 50-day moving average price is GBX 4,063.71 and its two-hundred day moving average price is GBX 3,851.67. The company has a market capitalization of £41.30 billion, a PE ratio of -15.30, a PEG ratio of 2.05 and a beta of 0.95.

Insider Transactions at Anglo American

In related news, insider Stuart J. Chambers bought 446 shares of the business’s stock in a transaction dated Tuesday, September 29th. The shares were acquired at an average price of GBX 4,067 per share, for a total transaction of £18,138.82. Also, insider Magali Anderson bought 196 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was bought at an average price of GBX 4,067 per share, for a total transaction of £7,971.32. In the last 90 days, insiders purchased 841 shares of company stock valued at $3,417,995. Insiders own 0.37% of the company’s stock.

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.