Insider Buying: Anglo American (LON:AAL) Insider Buys £153.35 in Stock

Anglo American plc (LON:AAL) insider John Heasley bought 5 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were bought at an average cost of GBX 3,067 per share, for a total transaction of £153.35.

Anglo American Stock Down 2.6%

Shares of AAL opened at GBX 2,879 on Friday. The company has a market cap of £30.73 billion, a PE ratio of -8.72, a P/E/G ratio of 2.05 and a beta of 0.90. The business has a fifty day moving average of GBX 3,412.95 and a 200 day moving average of GBX 3,020.16. Anglo American plc has a 52-week low of GBX 1,900.01 and a 52-week high of GBX 3,877. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 91.60.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AAL shares. Panmure Gordon restated a “hold” rating and issued a GBX 2,500 target price on shares of Anglo American in a report on Sunday, December 14th. Citigroup upgraded shares of Anglo American to a “buy” rating and upped their price target for the company from GBX 3,300 to GBX 4,500 in a report on Monday, February 2nd. Berenberg Bank reduced their price objective on shares of Anglo American from GBX 4,200 to GBX 3,900 and set a “buy” rating on the stock in a research report on Thursday, March 5th. 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 research note on Wednesday, December 3rd. Finally, UBS Group restated a “buy” rating and set a GBX 3,500 target price on shares of Anglo American in a research report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Anglo American has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,160.

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.